	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,192	£12,436	£12,685	£13,002	£13,327	£63,641
Total Expenses	£10,764	£10,839	£10,904	£10,978	£11,053	£54,539
Profit Before Tax	£1,428	£1,597	£1,780	£2,024	£2,274	£9,102
Profit After Tax	£1,156	£1,294	£1,442	£1,639	£1,842	£7,373
Change In Property Value	£7,035	£12,077	£15,217	£16,130	£14,248	£64,706
Net Return	£8,191	£13,370	£16,659	£17,769	£16,089	£72,079
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	14%	22%	28%	30%	27%	121%