	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,980	£17,235	£17,493	£17,931	£18,379	£88,017
Total Expenses	£16,407	£16,483	£16,549	£16,635	£16,722	£82,797
Profit Before Tax	£573	£752	£944	£1,296	£1,656	£5,221
Profit After Tax	£464	£609	£764	£1,049	£1,342	£4,229
Change In Property Value	£4	£7,900	£14,102	£18,765	£13,073	£53,844
Net Return	£468	£8,509	£14,866	£19,815	£14,415	£58,073
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	11%	46%