	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,388	£11,559	£11,848	£12,144	£12,508	£59,447
Total Expenses	£9,884	£9,947	£10,018	£10,092	£10,171	£50,112
Profit Before Tax	£1,504	£1,612	£1,829	£2,052	£2,337	£9,335
Profit After Tax	£1,219	£1,306	£1,482	£1,662	£1,893	£7,562
Change In Property Value	£2	£2	£3,400	£6,069	£8,076	£17,549
Net Return	£1,220	£1,308	£4,882	£7,731	£9,969	£25,110
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	2%	3%	9%	15%	19%	48%