	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,396	£15,627	£15,861	£16,258	£16,664	£79,806
Total Expenses	£14,801	£14,874	£14,938	£15,020	£15,103	£74,736
Profit Before Tax	£595	£753	£923	£1,238	£1,561	£5,070
Profit After Tax	£482	£610	£748	£1,003	£1,265	£4,107
Change In Property Value	£4	£7,000	£12,495	£16,627	£11,584	£47,710
Net Return	£486	£7,610	£13,243	£17,630	£12,848	£51,817
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	16%	12%	47%