	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,404	£22,740	£23,081	£23,658	£24,250	£116,133
Total Expenses	£17,110	£17,194	£17,269	£17,369	£17,470	£86,413
Profit Before Tax	£5,294	£5,546	£5,812	£6,290	£6,779	£29,720
Profit After Tax	£4,288	£4,492	£4,708	£5,095	£5,491	£24,074
Change In Property Value	£4	£8,000	£14,280	£19,003	£13,239	£54,526
Net Return	£4,292	£12,492	£18,988	£24,097	£18,730	£78,599
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	19%	15%	61%