	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,240	£12,485	£12,734	£13,053	£13,379	£63,891
Total Expenses	£10,944	£11,019	£11,085	£11,159	£11,234	£55,440
Profit Before Tax	£1,296	£1,466	£1,650	£1,894	£2,145	£8,451
Profit After Tax	£1,049	£1,187	£1,336	£1,534	£1,738	£6,845
Change In Property Value	£7,199	£12,357	£15,570	£16,505	£14,579	£66,210
Net Return	£8,248	£13,545	£16,907	£18,039	£16,317	£73,055
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	14%	22%	28%	30%	27%	120%