	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,200	£16,524	£16,937	£17,361	£17,795	£84,816
Total Expenses	£15,284	£15,363	£15,447	£15,533	£15,619	£77,247
Profit Before Tax	£916	£1,161	£1,490	£1,827	£2,175	£7,569
Profit After Tax	£742	£941	£1,207	£1,480	£1,762	£6,131
Change In Property Value	£5,880	£5,998	£12,235	£15,906	£18,371	£58,389
Net Return	£6,622	£6,938	£13,442	£17,386	£20,133	£64,520
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	4%	4%	9%	11%	13%	42%