	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,840	£16,078	£16,319	£16,727	£17,145	£82,108
Total Expenses	£15,167	£15,241	£15,306	£15,389	£15,473	£76,575
Profit Before Tax	£673	£837	£1,013	£1,338	£1,672	£5,533
Profit After Tax	£545	£678	£820	£1,084	£1,354	£4,482
Change In Property Value	£4	£7,200	£12,852	£17,103	£11,915	£49,073
Net Return	£549	£7,878	£13,673	£18,186	£13,269	£53,555
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%