	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,172	£14,385	£14,600	£14,965	£15,339	£73,462
Total Expenses	£13,552	£13,624	£13,686	£13,764	£13,845	£68,471
Profit Before Tax	£620	£761	£914	£1,201	£1,495	£4,991
Profit After Tax	£502	£616	£740	£973	£1,211	£4,042
Change In Property Value	£3	£6,300	£11,246	£14,965	£10,425	£42,939
Net Return	£505	£6,916	£11,986	£15,937	£11,636	£46,981
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	7%	12%	16%	12%	48%