	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,680	£13,885	£14,232	£14,588	£15,026	£71,411
Total Expenses	£12,890	£12,957	£13,034	£13,114	£13,200	£65,194
Profit Before Tax	£790	£929	£1,198	£1,474	£1,826	£6,217
Profit After Tax	£640	£752	£970	£1,194	£1,479	£5,036
Change In Property Value	£2	£2	£4,800	£8,568	£11,402	£24,775
Net Return	£642	£755	£5,771	£9,763	£12,881	£29,811
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	8%	13%	18%	41%