	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,964	£15,188	£15,416	£15,802	£16,197	£77,567
Total Expenses	£14,436	£14,508	£14,572	£14,652	£14,735	£72,904
Profit Before Tax	£528	£680	£844	£1,149	£1,462	£4,664
Profit After Tax	£428	£551	£684	£931	£1,184	£3,778
Change In Property Value	£3	£6,800	£12,138	£16,152	£11,253	£46,347
Net Return	£431	£7,351	£12,822	£17,083	£12,437	£50,124
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%