	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£35,700	£36,235	£36,779	£37,699	£38,641	£185,054
Total Expenses	£32,919	£33,022	£33,118	£33,251	£33,388	£165,698
Profit Before Tax	£2,781	£3,213	£3,661	£4,447	£5,253	£19,356
Profit After Tax	£2,253	£2,603	£2,966	£3,602	£4,255	£15,678
Change In Property Value	£9	£17,000	£30,345	£40,381	£28,132	£115,867
Net Return	£2,261	£19,603	£33,311	£43,983	£32,387	£131,545
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%