	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,100	£17,356	£17,617	£18,057	£18,509	£88,639
Total Expenses	£15,935	£16,011	£16,078	£16,163	£16,251	£80,438
Profit Before Tax	£1,165	£1,346	£1,539	£1,894	£2,257	£8,202
Profit After Tax	£944	£1,090	£1,247	£1,534	£1,829	£6,643
Change In Property Value	£4	£7,599	£13,564	£18,050	£12,575	£51,793
Net Return	£948	£8,689	£14,811	£19,584	£14,404	£58,436
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%