	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,132	£12,314	£12,622	£12,937	£13,325	£63,331
Total Expenses	£10,890	£10,955	£11,028	£11,104	£11,185	£55,162
Profit Before Tax	£1,242	£1,359	£1,594	£1,834	£2,140	£8,169
Profit After Tax	£1,006	£1,101	£1,291	£1,485	£1,734	£6,617
Change In Property Value	£4,838	£4,958	£9,148	£11,684	£13,448	£44,076
Net Return	£5,843	£6,060	£10,439	£13,170	£15,181	£50,693
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	10%	10%	18%	22%	26%	86%