	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,928	£12,107	£12,289	£12,596	£12,911	£61,830
Total Expenses	£10,432	£10,500	£10,559	£10,632	£10,706	£52,829
Profit Before Tax	£1,496	£1,607	£1,729	£1,964	£2,205	£9,001
Profit After Tax	£1,212	£1,302	£1,401	£1,591	£1,786	£7,291
Change In Property Value	£2	£4,500	£8,033	£10,689	£7,447	£30,671
Net Return	£1,214	£5,802	£9,433	£12,280	£9,233	£37,961
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	14%	18%	13%	55%