	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,108	£15,335	£15,718	£16,111	£16,594	£78,866
Total Expenses	£14,818	£14,887	£14,968	£15,051	£15,142	£74,867
Profit Before Tax	£290	£448	£750	£1,060	£1,452	£3,999
Profit After Tax	£235	£363	£607	£858	£1,176	£3,239
Change In Property Value	£3	£3	£5,700	£10,175	£13,540	£29,420
Net Return	£238	£366	£6,307	£11,033	£14,716	£32,659
Return From Rental Income (%)	0%	0%	1%	1%	1%	4%
Total Net Return (%)	0%	0%	7%	13%	17%	37%