	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,360	£15,590	£15,824	£16,220	£16,625	£79,620
Total Expenses	£14,765	£14,838	£14,903	£14,984	£15,067	£74,557
Profit Before Tax	£595	£752	£922	£1,236	£1,558	£5,063
Profit After Tax	£482	£609	£747	£1,001	£1,262	£4,101
Change In Property Value	£3	£6,980	£12,459	£16,580	£11,551	£47,574
Net Return	£485	£7,589	£13,206	£17,581	£12,813	£51,675
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%