	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,972	£16,212	£16,455	£16,866	£17,288	£82,792
Total Expenses	£15,277	£15,351	£15,416	£15,499	£15,584	£77,126
Profit Before Tax	£695	£861	£1,039	£1,367	£1,704	£5,666
Profit After Tax	£563	£697	£841	£1,107	£1,380	£4,590
Change In Property Value	£4	£7,260	£12,959	£17,245	£12,014	£49,482
Net Return	£567	£7,957	£13,801	£18,352	£13,394	£54,072
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%