	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,256	£14,470	£14,832	£15,202	£15,658	£74,418
Total Expenses	£13,344	£13,412	£13,491	£13,572	£13,660	£67,479
Profit Before Tax	£912	£1,058	£1,341	£1,631	£1,998	£6,939
Profit After Tax	£738	£857	£1,086	£1,321	£1,619	£5,621
Change In Property Value	£3	£3	£5,000	£8,925	£11,877	£25,807
Net Return	£741	£860	£6,086	£10,246	£13,496	£31,428
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	1%	8%	13%	18%	41%