	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,160	£14,372	£14,588	£14,953	£15,327	£73,400
Total Expenses	£11,138	£11,209	£11,272	£11,350	£11,430	£56,399
Profit Before Tax	£3,022	£3,163	£3,316	£3,603	£3,896	£17,000
Profit After Tax	£2,448	£2,562	£2,686	£2,918	£3,156	£13,770
Change In Property Value	£6,000	£11,070	£14,139	£16,273	£11,499	£58,981
Net Return	£8,448	£13,632	£16,825	£19,191	£14,655	£72,751
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	12%	19%	23%	26%	20%	100%