	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,400	£11,571	£11,745	£12,038	£12,339	£59,093
Total Expenses	£9,575	£9,642	£9,700	£9,772	£9,844	£48,534
Profit Before Tax	£1,825	£1,929	£2,044	£2,267	£2,495	£10,559
Profit After Tax	£1,478	£1,562	£1,656	£1,836	£2,021	£8,553
Change In Property Value	£2	£4,000	£7,140	£9,501	£6,619	£27,263
Net Return	£1,480	£5,562	£8,796	£11,337	£8,640	£35,816
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	19%	14%	59%