	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,500	£25,883	£26,271	£26,928	£27,601	£132,181
Total Expenses	£18,224	£18,313	£18,392	£18,500	£18,610	£92,039
Profit Before Tax	£7,276	£7,570	£7,878	£8,428	£8,991	£40,142
Profit After Tax	£5,893	£6,132	£6,381	£6,826	£7,283	£32,515
Change In Property Value	£4	£8,500	£15,173	£20,190	£14,066	£57,933
Net Return	£5,898	£14,632	£21,554	£27,017	£21,349	£90,449
Return From Rental Income (%)	4%	4%	5%	5%	5%	24%
Total Net Return (%)	4%	11%	16%	20%	16%	66%