	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,192	£12,375	£12,561	£12,875	£13,196	£63,198
Total Expenses	£10,619	£10,688	£10,747	£10,821	£10,895	£53,770
Profit Before Tax	£1,573	£1,687	£1,813	£2,054	£2,301	£9,428
Profit After Tax	£1,274	£1,367	£1,469	£1,664	£1,864	£7,637
Change In Property Value	£2	£4,600	£8,211	£10,927	£7,612	£31,352
Net Return	£1,276	£5,967	£9,680	£12,590	£9,476	£38,989
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	9%	14%	18%	14%	56%