	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,528	£15,761	£15,997	£16,397	£16,807	£80,491
Total Expenses	£14,653	£14,726	£14,791	£14,873	£14,957	£74,000
Profit Before Tax	£875	£1,034	£1,206	£1,524	£1,851	£6,490
Profit After Tax	£709	£838	£977	£1,235	£1,499	£5,257
Change In Property Value	£3	£6,900	£12,317	£16,390	£11,418	£47,028
Net Return	£712	£7,738	£13,294	£17,625	£12,917	£52,286
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%