	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,744	£15,980	£16,220	£16,625	£17,041	£81,610
Total Expenses	£14,835	£14,909	£14,974	£15,056	£15,141	£74,916
Profit Before Tax	£909	£1,071	£1,246	£1,569	£1,900	£6,695
Profit After Tax	£736	£868	£1,009	£1,271	£1,539	£5,423
Change In Property Value	£3	£7,000	£12,495	£16,627	£11,584	£47,709
Net Return	£739	£7,868	£13,504	£17,898	£13,123	£53,132
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%