	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,524	£22,862	£23,205	£23,785	£24,380	£116,755
Total Expenses	£17,927	£18,011	£18,086	£18,186	£18,288	£90,497
Profit Before Tax	£4,597	£4,851	£5,119	£5,599	£6,092	£26,258
Profit After Tax	£3,724	£3,930	£4,146	£4,535	£4,934	£21,269
Change In Property Value	£4	£8,500	£15,173	£20,190	£14,066	£57,933
Net Return	£3,728	£12,430	£19,319	£24,726	£19,000	£79,203
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	3%	9%	14%	18%	14%	58%