	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,984	£13,179	£13,376	£13,711	£14,054	£67,304
Total Expenses	£11,825	£11,894	£11,955	£12,030	£12,107	£59,812
Profit Before Tax	£1,159	£1,285	£1,421	£1,681	£1,946	£7,492
Profit After Tax	£939	£1,040	£1,151	£1,361	£1,577	£6,069
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£942	£6,341	£10,612	£13,951	£10,347	£42,192
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	13%	52%