	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,800	£17,136	£17,479	£17,916	£18,364	£87,694
Total Expenses	£16,550	£16,634	£16,709	£16,794	£16,882	£83,569
Profit Before Tax	£250	£502	£770	£1,121	£1,482	£4,125
Profit After Tax	£203	£407	£624	£908	£1,200	£3,341
Change In Property Value	£12,000	£20,600	£25,956	£27,513	£24,303	£110,373
Net Return	£12,203	£21,007	£26,580	£28,422	£25,504	£113,714
Return From Rental Income (%)	0%	0%	0%	1%	1%	2%
Total Net Return (%)	8%	14%	18%	19%	17%	78%