	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,456	£12,643	£12,832	£13,153	£13,482	£64,567
Total Expenses	£10,807	£10,875	£10,935	£11,009	£11,085	£54,712
Profit Before Tax	£1,649	£1,767	£1,897	£2,144	£2,397	£9,855
Profit After Tax	£1,336	£1,432	£1,537	£1,737	£1,942	£7,983
Change In Property Value	£2	£4,700	£8,390	£11,164	£7,778	£32,034
Net Return	£1,338	£6,132	£9,926	£12,901	£9,720	£40,016
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	9%	14%	18%	14%	56%