	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,332	£13,532	£13,735	£14,078	£14,430	£69,108
Total Expenses	£12,662	£12,732	£12,794	£12,870	£12,948	£64,006
Profit Before Tax	£670	£800	£941	£1,209	£1,483	£5,102
Profit After Tax	£542	£648	£762	£979	£1,201	£4,132
Change In Property Value	£3	£5,799	£10,351	£13,775	£9,596	£39,524
Net Return	£545	£6,447	£11,114	£14,754	£10,797	£43,657
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	16%	12%	49%