	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,960	£13,154	£13,352	£13,686	£14,028	£67,179
Total Expenses	£11,983	£12,053	£12,113	£12,189	£12,265	£60,603
Profit Before Tax	£977	£1,102	£1,238	£1,497	£1,762	£6,576
Profit After Tax	£791	£892	£1,003	£1,212	£1,427	£5,326
Change In Property Value	£5,400	£11,016	£14,321	£15,037	£11,052	£56,826
Net Return	£6,191	£11,908	£15,324	£16,249	£12,479	£62,152
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	7%	14%	18%	20%	15%	75%