	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,236	£13,435	£13,636	£13,977	£14,326	£68,610
Total Expenses	£12,011	£12,081	£12,142	£12,218	£12,295	£60,747
Profit Before Tax	£1,225	£1,354	£1,494	£1,759	£2,031	£7,863
Profit After Tax	£992	£1,097	£1,210	£1,425	£1,645	£6,369
Change In Property Value	£2,700	£8,181	£11,235	£13,145	£10,684	£45,946
Net Return	£3,692	£9,278	£12,446	£14,570	£12,329	£52,315
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	4%	11%	15%	18%	15%	63%