	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,856	£15,079	£15,305	£15,688	£16,080	£77,007
Total Expenses	£14,103	£14,176	£14,239	£14,319	£14,401	£71,239
Profit Before Tax	£753	£903	£1,066	£1,368	£1,679	£5,769
Profit After Tax	£610	£732	£863	£1,108	£1,360	£4,673
Change In Property Value	£3	£6,600	£11,781	£15,677	£10,922	£44,984
Net Return	£613	£7,332	£12,644	£16,786	£12,282	£49,656
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	7%	12%	16%	12%	48%