	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,728	£13,934	£14,143	£14,497	£14,859	£71,160
Total Expenses	£13,185	£13,255	£13,317	£13,394	£13,473	£66,624
Profit Before Tax	£543	£679	£826	£1,102	£1,386	£4,536
Profit After Tax	£440	£550	£669	£893	£1,122	£3,674
Change In Property Value	£3	£6,099	£10,887	£14,487	£10,093	£41,569
Net Return	£443	£6,649	£11,556	£15,380	£11,215	£45,243
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	48%