	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,844	£15,067	£15,293	£15,675	£16,067	£76,945
Total Expenses	£12,493	£12,566	£12,629	£12,709	£12,791	£63,189
Profit Before Tax	£2,351	£2,501	£2,663	£2,966	£3,276	£13,756
Profit After Tax	£1,904	£2,026	£2,157	£2,402	£2,653	£11,143
Change In Property Value	£3	£5,600	£9,996	£13,302	£9,267	£38,168
Net Return	£1,907	£7,626	£12,153	£15,704	£11,920	£49,311
Return From Rental Income (%)	2%	2%	2%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	18%	14%	57%