	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,188	£16,431	£16,842	£17,263	£17,781	£84,504
Total Expenses	£15,125	£15,195	£15,279	£15,365	£15,459	£76,422
Profit Before Tax	£1,063	£1,236	£1,563	£1,898	£2,321	£8,081
Profit After Tax	£861	£1,001	£1,266	£1,537	£1,880	£6,546
Change In Property Value	£5,800	£5,916	£12,069	£15,689	£16,474	£55,948
Net Return	£6,661	£6,917	£13,334	£17,226	£18,354	£62,493
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	7%	8%	15%	19%	20%	69%