	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,996	£13,191	£13,389	£13,724	£14,067	£67,366
Total Expenses	£11,665	£11,735	£11,795	£11,871	£11,948	£59,013
Profit Before Tax	£1,331	£1,456	£1,593	£1,853	£2,119	£8,352
Profit After Tax	£1,078	£1,180	£1,291	£1,501	£1,716	£6,766
Change In Property Value	£2,600	£7,878	£10,819	£12,658	£10,288	£44,244
Net Return	£3,678	£9,058	£12,110	£14,159	£12,005	£51,009
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	5%	11%	15%	18%	15%	64%