	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	£9,052	£9,120	£9,181	£9,255	£9,331	£45,938
Profit Before Tax	£3,549	£3,669	£3,800	£4,050	£4,307	£19,375
Profit After Tax	£2,874	£2,972	£3,078	£3,281	£3,489	£15,694
Change In Property Value	£3,600	£7,344	£9,547	£10,025	£7,368	£37,884
Net Return	£6,474	£10,316	£12,625	£13,305	£10,857	£53,578
Return From Rental Income (%)	5%	5%	6%	6%	6%	29%
Total Net Return (%)	12%	19%	23%	24%	20%	97%