	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,356	£16,601	£17,016	£17,442	£17,965	£85,381
Total Expenses	£15,875	£15,946	£16,030	£16,117	£16,212	£80,180
Profit Before Tax	£481	£655	£986	£1,325	£1,753	£5,201
Profit After Tax	£389	£531	£799	£1,073	£1,420	£4,212
Change In Property Value	£3	£3	£6,170	£11,014	£14,656	£31,846
Net Return	£392	£534	£6,969	£12,087	£16,076	£36,058
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	1%	7%	13%	17%	37%