	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,480	£15,712	£15,948	£16,347	£16,755	£80,242
Total Expenses	£14,616	£14,689	£14,754	£14,836	£14,919	£73,815
Profit Before Tax	£864	£1,023	£1,194	£1,511	£1,836	£6,427
Profit After Tax	£700	£828	£967	£1,224	£1,487	£5,206
Change In Property Value	£3	£6,880	£12,281	£16,342	£11,385	£46,892
Net Return	£703	£7,709	£13,248	£17,566	£12,872	£52,098
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%