	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,200	£13,398	£13,599	£13,939	£14,287	£68,423
Total Expenses	£10,769	£10,838	£10,899	£10,975	£11,053	£54,534
Profit Before Tax	£2,431	£2,560	£2,700	£2,964	£3,235	£13,889
Profit After Tax	£1,970	£2,073	£2,187	£2,401	£2,620	£11,250
Change In Property Value	£2	£4,630	£8,265	£10,998	£7,662	£31,557
Net Return	£1,972	£6,703	£10,451	£13,398	£10,282	£42,807
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	10%	15%	19%	15%	61%