	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,808	£15,030	£15,256	£15,637	£16,028	£76,759
Total Expenses	£13,616	£13,688	£13,752	£13,832	£13,913	£68,801
Profit Before Tax	£1,192	£1,342	£1,504	£1,805	£2,114	£7,958
Profit After Tax	£966	£1,087	£1,218	£1,462	£1,713	£6,446
Change In Property Value	£3	£6,300	£11,246	£14,965	£10,425	£42,939
Net Return	£969	£7,387	£12,464	£16,427	£12,138	£49,385
Return From Rental Income (%)	1%	1%	1%	1%	2%	7%
Total Net Return (%)	1%	7%	13%	17%	12%	50%