	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,032	£16,272	£16,517	£16,929	£17,353	£83,103
Total Expenses	£14,816	£14,890	£14,956	£15,039	£15,124	£74,825
Profit Before Tax	£1,216	£1,382	£1,561	£1,891	£2,229	£8,279
Profit After Tax	£985	£1,120	£1,264	£1,531	£1,805	£6,706
Change In Property Value	£3	£6,970	£12,442	£16,556	£11,534	£47,505
Net Return	£988	£8,090	£13,706	£18,088	£13,340	£54,211
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	49%