	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,272	£13,471	£13,673	£14,015	£14,365	£68,797
Total Expenses	£12,819	£12,889	£12,950	£13,026	£13,104	£64,787
Profit Before Tax	£453	£582	£723	£989	£1,262	£4,009
Profit After Tax	£367	£472	£586	£801	£1,022	£3,248
Change In Property Value	£3	£5,900	£10,532	£14,015	£9,763	£40,213
Net Return	£370	£6,372	£11,117	£14,816	£10,785	£43,460
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%