	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,920	£11,084	£11,250	£11,531	£11,820	£56,605
Total Expenses	£9,366	£9,433	£9,490	£9,560	£9,632	£47,480
Profit Before Tax	£1,554	£1,651	£1,760	£1,971	£2,188	£9,124
Profit After Tax	£1,259	£1,338	£1,426	£1,597	£1,772	£7,391
Change In Property Value	£2	£3,900	£6,962	£9,264	£6,454	£26,581
Net Return	£1,261	£5,238	£8,387	£10,861	£8,226	£33,972
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	9%	14%	18%	14%	57%