	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,404	£10,560	£10,718	£10,986	£11,261	£53,930
Total Expenses	£8,188	£8,254	£8,311	£8,379	£8,450	£41,582
Profit Before Tax	£2,216	£2,306	£2,408	£2,607	£2,811	£12,348
Profit After Tax	£1,795	£1,868	£1,950	£2,112	£2,277	£10,002
Change In Property Value	£4,000	£7,380	£9,426	£10,848	£7,666	£39,320
Net Return	£5,795	£9,248	£11,376	£12,960	£9,943	£49,322
Return From Rental Income (%)	4%	4%	4%	4%	5%	20%
Total Net Return (%)	12%	19%	23%	26%	20%	101%