	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,976	£12,156	£12,338	£12,646	£12,963	£62,079
Total Expenses	£9,311	£9,379	£9,438	£9,511	£9,585	£47,223
Profit Before Tax	£2,665	£2,777	£2,900	£3,136	£3,378	£14,855
Profit After Tax	£2,159	£2,249	£2,349	£2,540	£2,736	£12,033
Change In Property Value	£3,800	£7,752	£10,078	£10,581	£7,777	£39,988
Net Return	£5,959	£10,001	£12,427	£13,121	£10,513	£52,021
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	10%	17%	21%	23%	18%	90%