	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,420	£12,606	£12,795	£13,115	£13,443	£64,380
Total Expenses	£10,641	£10,709	£10,769	£10,843	£10,918	£53,881
Profit Before Tax	£1,779	£1,897	£2,026	£2,272	£2,525	£10,500
Profit After Tax	£1,441	£1,537	£1,641	£1,841	£2,045	£8,505
Change In Property Value	£2	£4,599	£8,209	£10,924	£7,611	£31,345
Net Return	£1,444	£6,136	£9,851	£12,765	£9,656	£39,850
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	9%	14%	18%	14%	57%