	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,252	£12,436	£12,622	£12,938	£13,261	£63,509
Total Expenses	£10,143	£10,211	£10,271	£10,344	£10,419	£51,388
Profit Before Tax	£2,109	£2,225	£2,351	£2,594	£2,842	£12,121
Profit After Tax	£1,708	£1,802	£1,905	£2,101	£2,302	£9,818
Change In Property Value	£2	£4,300	£7,676	£10,214	£7,116	£29,308
Net Return	£1,711	£6,102	£9,580	£12,315	£9,418	£39,125
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	15%	19%	14%	60%