	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,548	£13,751	£13,957	£14,306	£14,664	£70,227
Total Expenses	£11,990	£12,023	£12,054	£12,099	£12,145	£60,311
Profit Before Tax	£1,558	£1,728	£1,904	£2,207	£2,519	£9,917
Profit After Tax	£1,262	£1,400	£1,542	£1,788	£2,040	£8,032
Change In Property Value	£3	£6,300	£11,246	£14,965	£10,425	£42,939
Net Return	£1,265	£7,700	£12,788	£16,753	£12,466	£50,971
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	52%