	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,804	£12,996	£13,321	£13,654	£14,064	£66,839
Total Expenses	£11,215	£11,281	£11,356	£11,433	£11,517	£56,802
Profit Before Tax	£1,589	£1,715	£1,965	£2,221	£2,547	£10,036
Profit After Tax	£1,287	£1,390	£1,592	£1,799	£2,063	£8,130
Change In Property Value	£2,000	£2,020	£6,121	£8,406	£9,835	£28,381
Net Return	£3,287	£3,410	£7,712	£10,204	£11,897	£36,510
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	5%	6%	13%	17%	20%	60%