	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,704	£13,910	£14,118	£14,471	£14,833	£71,036
Total Expenses	£12,959	£13,029	£13,091	£13,168	£13,247	£65,494
Profit Before Tax	£745	£880	£1,027	£1,303	£1,586	£5,542
Profit After Tax	£604	£713	£832	£1,055	£1,285	£4,489
Change In Property Value	£3	£5,960	£10,639	£14,157	£9,863	£40,622
Net Return	£607	£6,673	£11,471	£15,213	£11,147	£45,111
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	49%