	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,116	£13,313	£13,646	£13,987	£14,406	£68,467
Total Expenses	£12,437	£12,503	£12,579	£12,657	£12,741	£62,916
Profit Before Tax	£679	£810	£1,067	£1,330	£1,665	£5,551
Profit After Tax	£550	£656	£864	£1,077	£1,349	£4,496
Change In Property Value	£2	£2	£4,600	£8,211	£10,927	£23,743
Net Return	£552	£659	£5,464	£9,288	£12,275	£28,239
Return From Rental Income (%)	1%	1%	1%	2%	2%	6%
Total Net Return (%)	1%	1%	8%	13%	18%	40%