	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	£11,590	£11,655	£11,730	£11,806	£11,889	£58,669
Profit Before Tax	£1,010	£1,134	£1,379	£1,630	£1,950	£7,104
Profit After Tax	£818	£919	£1,117	£1,320	£1,580	£5,754
Change In Property Value	£6,299	£6,487	£12,250	£14,099	£14,945	£54,081
Net Return	£7,117	£7,406	£13,368	£15,420	£16,525	£59,835
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	11%	12%	21%	24%	26%	94%