	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,860	£14,068	£14,420	£14,780	£15,223	£72,351
Total Expenses	£12,710	£12,776	£12,855	£12,934	£13,021	£64,297
Profit Before Tax	£1,150	£1,291	£1,565	£1,846	£2,202	£8,055
Profit After Tax	£932	£1,046	£1,268	£1,495	£1,784	£6,524
Change In Property Value	£2	£2	£4,700	£8,390	£11,164	£24,259
Net Return	£934	£1,048	£5,968	£9,885	£12,948	£30,783
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	1%	1%	8%	14%	18%	43%