	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,440	£13,642	£13,846	£14,192	£14,547	£69,667
Total Expenses	£12,353	£12,423	£12,485	£12,561	£12,639	£62,461
Profit Before Tax	£1,087	£1,218	£1,362	£1,631	£1,908	£7,206
Profit After Tax	£880	£987	£1,103	£1,321	£1,545	£5,837
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£883	£6,587	£11,099	£14,623	£10,812	£44,005
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	12%	51%