	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,604	£11,778	£12,073	£12,374	£12,746	£60,574
Total Expenses	£11,095	£11,159	£11,231	£11,305	£11,385	£56,176
Profit Before Tax	£509	£619	£841	£1,069	£1,361	£4,399
Profit After Tax	£412	£502	£681	£866	£1,102	£3,563
Change In Property Value	£2	£2	£4,000	£7,140	£9,501	£20,646
Net Return	£414	£504	£4,682	£8,006	£10,604	£24,209
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	1%	8%	13%	17%	40%