	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,180	£12,363	£12,548	£12,862	£13,183	£63,136
Total Expenses	£9,975	£10,043	£10,103	£10,176	£10,251	£50,547
Profit Before Tax	£2,205	£2,320	£2,446	£2,686	£2,933	£12,589
Profit After Tax	£1,786	£1,879	£1,981	£2,176	£2,376	£10,197
Change In Property Value	£2	£4,200	£7,497	£9,976	£6,950	£28,626
Net Return	£1,788	£6,079	£9,478	£12,152	£9,326	£38,823
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	15%	19%	15%	61%