	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,640	£11,815	£11,992	£12,292	£12,599	£60,337
Total Expenses	£8,515	£8,582	£8,641	£8,713	£8,786	£43,236
Profit Before Tax	£3,125	£3,233	£3,351	£3,579	£3,813	£17,101
Profit After Tax	£2,532	£2,618	£2,714	£2,899	£3,089	£13,852
Change In Property Value	£5,820	£9,466	£10,895	£11,549	£10,201	£47,931
Net Return	£8,352	£12,085	£13,609	£14,448	£13,290	£61,783
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	16%	24%	27%	28%	26%	121%