	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,476	£13,678	£13,883	£14,230	£14,586	£69,854
Total Expenses	£12,196	£12,266	£12,327	£12,404	£12,482	£61,675
Profit Before Tax	£1,280	£1,412	£1,556	£1,826	£2,104	£8,179
Profit After Tax	£1,037	£1,144	£1,260	£1,479	£1,704	£6,625
Change In Property Value	£3	£5,500	£9,818	£13,064	£9,102	£37,486
Net Return	£1,040	£6,644	£11,078	£14,544	£10,806	£44,111
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	52%