	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,276	£12,460	£12,647	£12,963	£13,287	£63,634
Total Expenses	£10,306	£10,375	£10,434	£10,508	£10,583	£52,205
Profit Before Tax	£1,970	£2,086	£2,213	£2,456	£2,705	£11,429
Profit After Tax	£1,596	£1,689	£1,792	£1,989	£2,191	£9,257
Change In Property Value	£4,400	£8,976	£11,669	£12,252	£9,005	£46,302
Net Return	£5,996	£10,665	£13,461	£14,241	£11,196	£55,560
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	9%	16%	20%	21%	17%	83%