	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,324	£12,570	£12,885	£13,207	£13,537	£64,523
Total Expenses	£10,870	£10,940	£11,015	£11,091	£11,167	£55,083
Profit Before Tax	£1,454	£1,630	£1,870	£2,116	£2,370	£9,440
Profit After Tax	£1,178	£1,320	£1,515	£1,714	£1,920	£7,647
Change In Property Value	£5,775	£5,948	£10,211	£12,866	£13,638	£48,439
Net Return	£6,953	£7,269	£11,726	£14,580	£15,558	£56,085
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	12%	12%	20%	25%	26%	95%