	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,684	£12,874	£13,196	£13,526	£13,932	£66,212
Total Expenses	£11,799	£11,864	£11,939	£12,016	£12,099	£59,715
Profit Before Tax	£885	£1,011	£1,257	£1,510	£1,833	£6,497
Profit After Tax	£717	£819	£1,019	£1,223	£1,485	£5,263
Change In Property Value	£4,300	£4,386	£8,947	£11,632	£12,213	£41,478
Net Return	£5,017	£5,205	£9,966	£12,855	£13,698	£46,741
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	8%	8%	15%	20%	21%	71%