	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,464	£13,666	£13,871	£14,218	£14,573	£69,792
Total Expenses	£11,680	£11,750	£11,811	£11,888	£11,966	£59,095
Profit Before Tax	£1,784	£1,916	£2,060	£2,330	£2,607	£10,697
Profit After Tax	£1,445	£1,552	£1,668	£1,887	£2,112	£8,664
Change In Property Value	£3	£5,180	£9,246	£12,304	£8,572	£35,305
Net Return	£1,448	£6,732	£10,915	£14,191	£10,684	£43,970
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	9%	14%	18%	13%	56%