	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,100	£17,356	£17,617	£18,057	£18,509	£88,639
Total Expenses	£15,937	£16,012	£16,079	£16,165	£16,253	£80,446
Profit Before Tax	£1,164	£1,344	£1,538	£1,892	£2,256	£8,194
Profit After Tax	£942	£1,089	£1,246	£1,533	£1,827	£6,637
Change In Property Value	£4	£7,600	£13,566	£18,053	£12,577	£51,799
Net Return	£946	£8,689	£14,812	£19,585	£14,404	£58,436
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%