	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,900	£13,094	£13,290	£13,622	£13,963	£66,868
Total Expenses	£11,443	£11,474	£11,504	£11,548	£11,593	£57,562
Profit Before Tax	£1,458	£1,619	£1,786	£2,074	£2,370	£9,307
Profit After Tax	£1,181	£1,312	£1,446	£1,680	£1,920	£7,538
Change In Property Value	£3,000	£9,090	£12,484	£14,606	£11,871	£51,051
Net Return	£4,181	£10,402	£13,930	£16,286	£13,791	£58,589
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	4%	11%	15%	17%	15%	63%