	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,368	£13,569	£13,772	£14,116	£14,469	£69,294
Total Expenses	£12,893	£12,963	£13,024	£13,100	£13,178	£65,159
Profit Before Tax	£475	£606	£748	£1,016	£1,291	£4,136
Profit After Tax	£385	£491	£606	£823	£1,046	£3,350
Change In Property Value	£3	£5,940	£10,603	£14,110	£9,830	£40,485
Net Return	£388	£6,431	£11,209	£14,932	£10,875	£43,835
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%