	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,720	£12,911	£13,104	£13,432	£13,768	£65,935
Total Expenses	£11,798	£11,867	£11,928	£12,002	£12,079	£59,675
Profit Before Tax	£922	£1,043	£1,177	£1,430	£1,689	£6,261
Profit After Tax	£747	£845	£953	£1,158	£1,368	£5,071
Change In Property Value	£3	£5,300	£9,461	£12,589	£8,771	£36,123
Net Return	£749	£6,145	£10,414	£13,747	£10,139	£41,194
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	8%	13%	17%	12%	51%