	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	£6,000	£6,180	£11,670	£13,431	£14,237	£51,518
Net Return	£7,138	£7,419	£13,107	£15,071	£16,136	£58,871
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	12%	12%	21%	25%	26%	97%