	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,292	£14,506	£14,724	£15,092	£15,469	£74,084
Total Expenses	£13,884	£13,956	£14,019	£14,097	£14,178	£70,134
Profit Before Tax	£408	£550	£705	£995	£1,292	£3,950
Profit After Tax	£330	£446	£571	£806	£1,046	£3,199
Change In Property Value	£3	£6,499	£11,601	£15,437	£10,755	£44,295
Net Return	£333	£6,945	£12,172	£16,243	£11,801	£47,495
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	12%	46%