	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,320	£19,610	£19,904	£20,402	£20,912	£100,147
Total Expenses	£18,733	£18,811	£18,882	£18,973	£19,067	£94,466
Profit Before Tax	£588	£798	£1,022	£1,428	£1,844	£5,680
Profit After Tax	£476	£647	£828	£1,157	£1,494	£4,601
Change In Property Value	£5	£9,200	£16,422	£21,853	£15,224	£62,704
Net Return	£480	£9,847	£17,250	£23,010	£16,718	£67,306
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	15%	11%	45%