	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,324	£12,509	£12,822	£13,142	£13,536	£64,333
Total Expenses	£11,961	£12,025	£12,100	£12,176	£12,258	£60,519
Profit Before Tax	£363	£483	£722	£967	£1,279	£3,814
Profit After Tax	£294	£392	£585	£783	£1,036	£3,089
Change In Property Value	£2	£2	£4,400	£7,854	£10,452	£22,710
Net Return	£296	£394	£4,985	£8,637	£11,487	£25,800
Return From Rental Income (%)	0%	1%	1%	1%	2%	5%
Total Net Return (%)	0%	1%	7%	13%	17%	39%