	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,104	£16,346	£16,591	£17,006	£17,431	£83,476
Total Expenses	£14,872	£14,946	£15,011	£15,095	£15,180	£75,103
Profit Before Tax	£1,232	£1,400	£1,579	£1,911	£2,251	£8,373
Profit After Tax	£998	£1,134	£1,279	£1,548	£1,823	£6,782
Change In Property Value	£4	£7,000	£12,495	£16,627	£11,584	£47,710
Net Return	£1,002	£8,134	£13,774	£18,175	£13,407	£54,492
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	49%