	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,128	£16,370	£16,615	£17,031	£17,457	£83,601
Total Expenses	£15,678	£15,753	£15,818	£15,902	£15,987	£79,138
Profit Before Tax	£450	£617	£797	£1,129	£1,470	£4,463
Profit After Tax	£364	£500	£646	£915	£1,191	£3,615
Change In Property Value	£4	£7,500	£13,388	£17,815	£12,411	£51,118
Net Return	£368	£8,000	£14,033	£18,730	£13,602	£54,733
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	11%	46%