	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,252	£12,436	£12,747	£13,065	£13,457	£63,957
Total Expenses	£11,755	£11,820	£11,894	£11,969	£12,051	£59,490
Profit Before Tax	£497	£616	£853	£1,096	£1,406	£4,467
Profit After Tax	£402	£499	£691	£888	£1,139	£3,619
Change In Property Value	£2	£2	£4,300	£7,676	£10,214	£22,194
Net Return	£404	£501	£4,991	£8,563	£11,353	£25,813
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	1%	8%	13%	17%	39%