	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,988	£15,213	£15,441	£15,827	£16,223	£77,692
Total Expenses	£14,213	£14,286	£14,349	£14,430	£14,512	£71,790
Profit Before Tax	£775	£927	£1,092	£1,397	£1,711	£5,902
Profit After Tax	£628	£751	£884	£1,132	£1,386	£4,780
Change In Property Value	£3	£6,660	£11,888	£15,820	£11,021	£45,393
Net Return	£631	£7,411	£12,772	£16,952	£12,407	£50,173
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	48%