	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,676	£17,941	£18,390	£18,849	£19,415	£92,271
Total Expenses	£17,257	£17,330	£17,417	£17,507	£17,606	£87,118
Profit Before Tax	£419	£612	£972	£1,342	£1,808	£5,153
Profit After Tax	£339	£495	£788	£1,087	£1,465	£4,174
Change In Property Value	£3	£3	£6,800	£12,138	£16,152	£35,098
Net Return	£343	£499	£7,588	£13,225	£17,617	£39,272
Return From Rental Income (%)	0%	0%	1%	1%	1%	4%
Total Net Return (%)	0%	0%	7%	12%	16%	37%