	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,976	£12,156	£12,338	£12,646	£12,963	£62,079
Total Expenses	£9,954	£10,022	£10,082	£10,154	£10,228	£50,441
Profit Before Tax	£2,022	£2,133	£2,256	£2,492	£2,734	£11,638
Profit After Tax	£1,638	£1,728	£1,828	£2,019	£2,215	£9,427
Change In Property Value	£2	£4,200	£7,497	£9,976	£6,950	£28,626
Net Return	£1,640	£5,928	£9,325	£11,995	£9,165	£38,052
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	59%