	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,648	£12,838	£13,030	£13,356	£13,690	£65,562
Total Expenses	£10,613	£10,644	£10,674	£10,717	£10,761	£53,409
Profit Before Tax	£2,035	£2,193	£2,356	£2,639	£2,929	£12,153
Profit After Tax	£1,648	£1,777	£1,909	£2,138	£2,372	£9,844
Change In Property Value	£4,125	£9,769	£13,000	£15,095	£11,095	£53,084
Net Return	£5,773	£11,546	£14,909	£17,232	£13,467	£62,928
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	7%	14%	18%	20%	16%	74%