	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,396	£15,627	£16,018	£16,418	£16,911	£80,369
Total Expenses	£14,649	£14,718	£14,800	£14,884	£14,976	£74,025
Profit Before Tax	£747	£909	£1,218	£1,534	£1,935	£6,344
Profit After Tax	£605	£736	£986	£1,243	£1,567	£5,139
Change In Property Value	£5,600	£5,712	£11,652	£15,148	£15,906	£54,018
Net Return	£6,205	£6,448	£12,639	£16,391	£17,473	£59,157
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	7%	7%	15%	19%	20%	68%