	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,056	£16,297	£16,541	£16,955	£17,379	£83,228
Total Expenses	£15,349	£15,424	£15,489	£15,572	£15,657	£77,491
Profit Before Tax	£707	£873	£1,052	£1,383	£1,721	£5,736
Profit After Tax	£572	£707	£852	£1,120	£1,394	£4,646
Change In Property Value	£4	£7,300	£13,031	£17,340	£12,080	£49,755
Net Return	£576	£8,007	£13,883	£18,460	£13,475	£54,401
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%