	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,744	£12,935	£13,129	£13,457	£13,794	£66,060
Total Expenses	£11,640	£11,709	£11,769	£11,844	£11,920	£58,883
Profit Before Tax	£1,104	£1,226	£1,360	£1,613	£1,873	£7,177
Profit After Tax	£894	£993	£1,101	£1,307	£1,518	£5,813
Change In Property Value	£3	£5,200	£9,282	£12,352	£8,605	£35,442
Net Return	£897	£6,193	£10,384	£13,659	£10,123	£41,255
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	13%	52%