	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,396	£12,582	£12,771	£13,090	£13,417	£64,256
Total Expenses	£11,219	£11,288	£11,347	£11,421	£11,497	£56,772
Profit Before Tax	£1,177	£1,294	£1,423	£1,669	£1,921	£7,484
Profit After Tax	£953	£1,048	£1,153	£1,352	£1,556	£6,062
Change In Property Value	£2	£4,960	£8,854	£11,782	£8,208	£33,806
Net Return	£956	£6,008	£10,006	£13,133	£9,764	£39,868
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	13%	53%