	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,400	£11,571	£11,745	£12,038	£12,339	£59,093
Total Expenses	£10,058	£10,125	£10,183	£10,254	£10,327	£50,947
Profit Before Tax	£1,342	£1,446	£1,561	£1,784	£2,012	£8,146
Profit After Tax	£1,087	£1,171	£1,265	£1,445	£1,630	£6,598
Change In Property Value	£2,150	£6,515	£8,947	£10,467	£8,508	£36,586
Net Return	£3,237	£7,686	£10,211	£11,912	£10,138	£43,185
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	5%	12%	16%	18%	15%	66%