	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,200	£16,443	£16,690	£17,107	£17,535	£83,974
Total Expenses	£15,203	£15,277	£15,343	£15,427	£15,512	£76,762
Profit Before Tax	£997	£1,166	£1,347	£1,680	£2,023	£7,212
Profit After Tax	£808	£944	£1,091	£1,361	£1,638	£5,842
Change In Property Value	£4	£7,200	£12,852	£17,103	£11,915	£49,073
Net Return	£811	£8,144	£13,943	£18,464	£13,553	£54,915
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%