	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,788	£17,040	£17,295	£17,728	£18,171	£87,022
Total Expenses	£15,423	£15,498	£15,564	£15,649	£15,736	£77,871
Profit Before Tax	£1,365	£1,542	£1,731	£2,078	£2,435	£9,151
Profit After Tax	£1,106	£1,249	£1,402	£1,683	£1,972	£7,412
Change In Property Value	£4	£7,300	£13,031	£17,340	£12,080	£49,755
Net Return	£1,110	£8,549	£14,433	£19,023	£14,052	£57,167
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	49%