	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£10,499	£10,568	£10,628	£10,703	£10,779	£53,178
Profit Before Tax	£2,101	£2,221	£2,352	£2,603	£2,859	£12,136
Profit After Tax	£1,702	£1,799	£1,905	£2,108	£2,316	£9,830
Change In Property Value	£2	£4,500	£8,033	£10,689	£7,447	£30,671
Net Return	£1,704	£6,299	£9,938	£12,797	£9,763	£40,501
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	15%	19%	14%	59%