	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,964	£15,188	£15,416	£15,802	£16,197	£77,567
Total Expenses	£14,195	£14,267	£14,331	£14,411	£14,493	£71,697
Profit Before Tax	£769	£921	£1,085	£1,391	£1,703	£5,870
Profit After Tax	£623	£746	£879	£1,126	£1,380	£4,755
Change In Property Value	£3	£6,650	£11,870	£15,796	£11,005	£45,324
Net Return	£627	£7,396	£12,750	£16,922	£12,384	£50,079
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%