	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,580	£14,799	£15,021	£15,396	£15,781	£75,577
Total Expenses	£13,883	£13,955	£14,018	£14,097	£14,178	£70,130
Profit Before Tax	£697	£844	£1,003	£1,299	£1,603	£5,446
Profit After Tax	£565	£684	£812	£1,052	£1,298	£4,411
Change In Property Value	£3	£6,480	£11,567	£15,392	£10,723	£44,166
Net Return	£568	£7,164	£12,379	£16,444	£12,022	£48,577
Return From Rental Income (%)	1%	1%	1%	1%	1%	4%
Total Net Return (%)	1%	7%	12%	16%	12%	48%