	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,672	£15,907	£16,146	£16,549	£16,963	£81,237
Total Expenses	£11,609	£11,683	£11,748	£11,830	£11,914	£58,784
Profit Before Tax	£4,063	£4,224	£4,398	£4,719	£5,049	£22,453
Profit After Tax	£3,291	£3,422	£3,562	£3,823	£4,090	£18,187
Change In Property Value	£6,249	£11,529	£14,725	£16,947	£11,976	£61,426
Net Return	£9,540	£14,951	£18,287	£20,770	£16,066	£79,613
Return From Rental Income (%)	4%	5%	5%	5%	5%	24%
Total Net Return (%)	13%	20%	24%	27%	21%	113%