	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,196	£17,454	£17,716	£18,159	£18,613	£89,137
Total Expenses	£16,590	£16,665	£16,733	£16,819	£16,907	£83,713
Profit Before Tax	£606	£789	£983	£1,340	£1,706	£5,424
Profit After Tax	£491	£639	£796	£1,085	£1,382	£4,393
Change In Property Value	£4	£8,000	£14,280	£19,003	£13,239	£54,526
Net Return	£495	£8,639	£15,077	£20,088	£14,620	£58,919
Return From Rental Income (%)	0%	0%	1%	1%	1%	3%
Total Net Return (%)	0%	7%	12%	16%	11%	46%