	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£12,981	£13,305	£13,638	£65,313
Total Expenses	£9,695	£9,764	£9,824	£9,898	£9,974	£49,156
Profit Before Tax	£2,905	£3,025	£3,157	£3,407	£3,664	£16,158
Profit After Tax	£2,353	£2,450	£2,557	£2,760	£2,968	£13,088
Change In Property Value	£4,000	£8,160	£10,608	£11,138	£8,187	£42,093
Net Return	£6,353	£10,610	£13,165	£13,898	£11,154	£55,181
Return From Rental Income (%)	4%	4%	4%	5%	5%	21%
Total Net Return (%)	10%	17%	22%	23%	18%	90%