	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,344	£13,544	£13,747	£14,091	£14,443	£69,170
Total Expenses	£12,665	£12,735	£12,796	£12,873	£12,951	£64,020
Profit Before Tax	£679	£809	£951	£1,218	£1,493	£5,150
Profit After Tax	£550	£655	£770	£987	£1,209	£4,171
Change In Property Value	£2,900	£8,787	£12,067	£14,119	£11,476	£49,349
Net Return	£3,450	£9,442	£12,838	£15,106	£12,685	£53,520
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	4%	10%	14%	17%	14%	59%