	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,600	£9,744	£9,890	£10,137	£10,391	£49,762
Total Expenses	£6,608	£6,635	£6,660	£6,695	£6,731	£33,329
Profit Before Tax	£2,992	£3,109	£3,230	£3,442	£3,660	£16,434
Profit After Tax	£2,424	£2,518	£2,617	£2,788	£2,965	£13,311
Change In Property Value	£4,800	£9,064	£10,432	£11,058	£8,791	£44,145
Net Return	£7,224	£11,582	£13,048	£13,846	£11,755	£57,456
Return From Rental Income (%)	5%	5%	5%	6%	6%	27%
Total Net Return (%)	15%	24%	27%	28%	24%	117%