	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,720	£12,911	£13,104	£13,432	£13,768	£65,935
Total Expenses	£10,994	£11,063	£11,123	£11,198	£11,274	£55,653
Profit Before Tax	£1,726	£1,848	£1,981	£2,234	£2,494	£10,282
Profit After Tax	£1,398	£1,497	£1,605	£1,810	£2,020	£8,329
Change In Property Value	£2	£4,800	£8,568	£11,402	£7,943	£32,715
Net Return	£1,400	£6,297	£10,173	£13,211	£9,963	£41,044
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	9%	14%	18%	14%	56%