	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,900	£16,138	£16,542	£16,956	£17,464	£83,000
Total Expenses	£15,493	£15,562	£15,646	£15,731	£15,824	£78,256
Profit Before Tax	£408	£576	£896	£1,225	£1,640	£4,744
Profit After Tax	£330	£467	£726	£992	£1,328	£3,843
Change In Property Value	£3	£3	£6,000	£10,710	£14,252	£30,969
Net Return	£333	£470	£6,726	£11,702	£15,580	£34,812
Return From Rental Income (%)	0%	0%	1%	1%	1%	4%
Total Net Return (%)	0%	1%	7%	13%	17%	37%