	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,156	£12,338	£12,647	£12,963	£13,352	£63,456
Total Expenses	£10,754	£10,818	£10,892	£10,967	£11,049	£54,480
Profit Before Tax	£1,402	£1,520	£1,755	£1,996	£2,303	£8,976
Profit After Tax	£1,136	£1,231	£1,421	£1,616	£1,865	£7,270
Change In Property Value	£1,900	£1,919	£5,815	£7,985	£9,343	£26,962
Net Return	£3,036	£3,150	£7,236	£9,602	£11,208	£34,232
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	5%	5%	12%	17%	19%	59%