	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,828	£13,020	£13,346	£13,680	£14,090	£66,964
Total Expenses	£12,210	£12,275	£12,350	£12,428	£12,511	£61,774
Profit Before Tax	£618	£746	£996	£1,252	£1,579	£5,190
Profit After Tax	£501	£604	£806	£1,014	£1,279	£4,204
Change In Property Value	£2	£2	£4,500	£8,033	£10,689	£23,226
Net Return	£503	£606	£5,306	£9,047	£11,968	£27,430
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	1%	8%	13%	17%	40%