	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£31,752	£32,228	£32,712	£33,529	£34,368	£164,589
Total Expenses	£25,285	£25,382	£25,472	£25,595	£25,722	£127,455
Profit Before Tax	£6,467	£6,846	£7,240	£7,934	£8,646	£37,134
Profit After Tax	£5,239	£5,545	£5,865	£6,427	£7,003	£30,079
Change In Property Value	£6	£12,500	£22,313	£29,692	£20,685	£85,196
Net Return	£5,245	£18,045	£28,177	£36,119	£27,689	£115,275
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%