	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,456	£30,913	£31,377	£32,161	£32,965	£157,871
Total Expenses	£28,372	£28,468	£28,556	£28,676	£28,799	£142,871
Profit Before Tax	£2,084	£2,445	£2,821	£3,485	£4,166	£15,000
Profit After Tax	£1,688	£1,980	£2,285	£2,823	£3,375	£12,150
Change In Property Value	£7	£14,500	£25,883	£34,443	£23,995	£98,828
Net Return	£1,695	£16,480	£28,168	£37,266	£27,370	£110,978
Return From Rental Income (%)	1%	1%	1%	1%	1%	5%
Total Net Return (%)	1%	7%	12%	15%	11%	46%