	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,400	£14,616	£14,835	£15,206	£15,586	£74,644
Total Expenses	£13,736	£13,808	£13,871	£13,949	£14,030	£69,394
Profit Before Tax	£664	£808	£965	£1,257	£1,556	£5,250
Profit After Tax	£538	£655	£781	£1,018	£1,260	£4,252
Change In Property Value	£3	£6,400	£11,424	£15,202	£10,591	£43,620
Net Return	£541	£7,055	£12,206	£16,220	£11,851	£47,873
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	7%	12%	16%	12%	48%