	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£13,109	£13,436	£13,840	£65,774
Total Expenses	£11,195	£11,260	£11,335	£11,411	£11,494	£56,696
Profit Before Tax	£1,405	£1,529	£1,774	£2,025	£2,345	£9,078
Profit After Tax	£1,138	£1,239	£1,437	£1,640	£1,900	£7,353
Change In Property Value	£4,000	£4,080	£8,323	£10,820	£11,361	£38,585
Net Return	£5,138	£5,319	£9,760	£12,460	£13,261	£45,938
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	8%	9%	16%	20%	22%	75%