	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,224	£16,467	£16,879	£17,301	£17,820	£84,691
Total Expenses	£15,327	£15,397	£15,481	£15,567	£15,662	£77,433
Profit Before Tax	£897	£1,070	£1,398	£1,734	£2,158	£7,258
Profit After Tax	£727	£867	£1,132	£1,405	£1,748	£5,879
Change In Property Value	£5,900	£6,018	£12,277	£15,960	£16,758	£56,912
Net Return	£6,627	£6,885	£13,409	£17,364	£18,506	£62,792
Return From Rental Income (%)	1%	1%	1%	2%	2%	6%
Total Net Return (%)	7%	8%	15%	19%	20%	68%