	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,204	£12,448	£12,759	£13,078	£13,405	£63,895
Total Expenses	£11,155	£11,226	£11,300	£11,376	£11,451	£56,508
Profit Before Tax	£1,049	£1,222	£1,459	£1,703	£1,954	£7,387
Profit After Tax	£849	£990	£1,182	£1,379	£1,583	£5,984
Change In Property Value	£6,000	£6,180	£10,609	£13,367	£14,169	£50,326
Net Return	£6,849	£7,170	£11,791	£14,746	£15,752	£56,309
Return From Rental Income (%)	1%	2%	2%	2%	3%	10%
Total Net Return (%)	11%	12%	19%	24%	26%	91%