	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,540	£12,728	£12,919	£13,242	£13,573	£65,002
Total Expenses	£10,333	£10,401	£10,461	£10,536	£10,611	£52,342
Profit Before Tax	£2,208	£2,327	£2,458	£2,706	£2,962	£12,660
Profit After Tax	£1,788	£1,885	£1,991	£2,192	£2,399	£10,255
Change In Property Value	£2	£4,400	£7,854	£10,452	£7,281	£29,989
Net Return	£1,790	£6,285	£9,845	£12,644	£9,680	£40,244
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	60%