	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,700	£14,920	£15,294	£15,676	£16,146	£76,736
Total Expenses	£13,873	£13,906	£13,954	£14,003	£14,061	£69,797
Profit Before Tax	£828	£1,014	£1,339	£1,673	£2,085	£6,939
Profit After Tax	£670	£822	£1,085	£1,355	£1,689	£5,621
Change In Property Value	£6,000	£6,120	£12,485	£16,230	£17,042	£57,877
Net Return	£6,670	£6,942	£13,570	£17,585	£18,731	£63,497
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	7%	7%	15%	19%	20%	68%