	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,996	£13,191	£13,389	£13,724	£14,067	£67,366
Total Expenses	£11,663	£11,733	£11,794	£11,869	£11,946	£59,005
Profit Before Tax	£1,333	£1,458	£1,595	£1,854	£2,121	£8,361
Profit After Tax	£1,079	£1,181	£1,292	£1,502	£1,718	£6,772
Change In Property Value	£3	£5,199	£9,280	£12,349	£8,603	£35,435
Net Return	£1,082	£6,380	£10,572	£13,852	£10,321	£42,207
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	13%	17%	13%	53%