	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,252	£12,436	£12,622	£12,938	£13,261	£63,509
Total Expenses	£8,856	£8,924	£8,984	£9,057	£9,132	£44,953
Profit Before Tax	£3,396	£3,512	£3,638	£3,881	£4,129	£18,556
Profit After Tax	£2,751	£2,844	£2,947	£3,143	£3,345	£15,030
Change In Property Value	£6,125	£9,962	£11,465	£12,153	£10,735	£50,440
Net Return	£8,876	£12,806	£14,412	£15,296	£14,080	£65,471
Return From Rental Income (%)	5%	5%	6%	6%	6%	28%
Total Net Return (%)	17%	24%	27%	29%	26%	122%