	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,912	£16,151	£16,393	£16,803	£17,223	£82,481
Total Expenses	£15,494	£15,568	£15,633	£15,716	£15,801	£78,213
Profit Before Tax	£418	£582	£760	£1,087	£1,422	£4,268
Profit After Tax	£338	£472	£615	£880	£1,152	£3,457
Change In Property Value	£4	£7,399	£13,207	£17,575	£12,244	£50,429
Net Return	£342	£7,871	£13,823	£18,455	£13,396	£53,887
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	11%	46%