	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,636	£15,871	£16,267	£16,674	£17,174	£81,622
Total Expenses	£15,268	£15,337	£15,420	£15,504	£15,597	£77,126
Profit Before Tax	£368	£533	£847	£1,170	£1,577	£4,496
Profit After Tax	£298	£432	£686	£947	£1,278	£3,642
Change In Property Value	£3	£3	£5,900	£10,532	£14,015	£30,452
Net Return	£301	£435	£6,587	£11,479	£15,292	£34,094
Return From Rental Income (%)	0%	0%	1%	1%	1%	4%
Total Net Return (%)	0%	0%	7%	13%	17%	37%