	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,444	£12,631	£12,946	£13,270	£13,668	£64,959
Total Expenses	£11,080	£11,145	£11,219	£11,296	£11,378	£56,118
Profit Before Tax	£1,364	£1,486	£1,727	£1,974	£2,290	£8,841
Profit After Tax	£1,105	£1,203	£1,399	£1,599	£1,855	£7,161
Change In Property Value	£5,925	£6,103	£11,524	£13,263	£14,059	£50,874
Net Return	£7,030	£7,306	£12,923	£14,862	£15,914	£58,035
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	12%	12%	21%	25%	26%	96%