	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	£4,300	£7,676	£10,214	£7,116	£29,308
Net Return	£1,089	£5,472	£8,940	£11,659	£8,746	£35,906
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	14%	18%	13%	55%