	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	£11,797	£11,862	£11,937	£12,014	£12,097	£59,705
Profit Before Tax	£887	£1,013	£1,259	£1,512	£1,835	£6,507
Profit After Tax	£719	£820	£1,020	£1,225	£1,486	£5,271
Change In Property Value	£2	£2	£4,299	£7,674	£10,212	£22,189
Net Return	£721	£822	£5,319	£8,899	£11,698	£27,460
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	1%	8%	14%	18%	42%