	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,256	£14,470	£14,687	£15,054	£15,430	£73,897
Total Expenses	£13,400	£13,471	£13,534	£13,612	£13,693	£67,710
Profit Before Tax	£856	£999	£1,153	£1,442	£1,738	£6,187
Profit After Tax	£693	£809	£934	£1,168	£1,407	£5,011
Change In Property Value	£3	£6,200	£11,067	£14,727	£10,260	£42,257
Net Return	£697	£7,009	£12,001	£15,895	£11,667	£47,269
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	49%