	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,096	£18,367	£18,827	£19,297	£19,876	£94,464
Total Expenses	£17,584	£17,623	£17,680	£17,738	£17,806	£88,432
Profit Before Tax	£512	£744	£1,147	£1,559	£2,070	£6,032
Profit After Tax	£414	£603	£929	£1,263	£1,677	£4,886
Change In Property Value	£4	£4	£7,700	£13,745	£18,290	£39,743
Net Return	£418	£607	£8,629	£15,008	£19,967	£44,629
Return From Rental Income (%)	0%	0%	1%	1%	1%	4%
Total Net Return (%)	0%	0%	7%	12%	16%	36%