	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,876	£13,069	£13,396	£13,731	£14,143	£67,214
Total Expenses	£10,913	£10,944	£10,987	£11,032	£11,083	£54,959
Profit Before Tax	£1,963	£2,125	£2,409	£2,699	£3,059	£12,256
Profit After Tax	£1,590	£1,722	£1,951	£2,186	£2,478	£9,927
Change In Property Value	£4,600	£4,692	£9,572	£12,443	£13,065	£44,372
Net Return	£6,190	£6,414	£11,523	£14,630	£15,543	£54,300
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	9%	9%	16%	21%	22%	78%