	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,944	£14,153	£14,365	£14,725	£15,093	£72,280
Total Expenses	£13,367	£13,438	£13,500	£13,578	£13,657	£67,541
Profit Before Tax	£577	£715	£865	£1,147	£1,435	£4,739
Profit After Tax	£467	£579	£701	£929	£1,163	£3,839
Change In Property Value	£3	£6,199	£11,065	£14,725	£10,258	£42,251
Net Return	£470	£6,778	£11,766	£15,654	£11,421	£46,089
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	48%