	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,072	£15,298	£15,528	£15,916	£16,314	£78,127
Total Expenses	£14,286	£14,358	£14,422	£14,503	£14,585	£72,155
Profit Before Tax	£786	£940	£1,105	£1,413	£1,728	£5,972
Profit After Tax	£637	£761	£895	£1,144	£1,400	£4,837
Change In Property Value	£3	£6,700	£11,960	£15,915	£11,087	£45,665
Net Return	£640	£7,461	£12,855	£17,059	£12,487	£50,502
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%