	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,800	£38,367	£38,943	£39,916	£40,914	£195,940
Total Expenses	£32,807	£32,914	£33,012	£33,151	£33,294	£165,178
Profit Before Tax	£4,993	£5,453	£5,930	£6,765	£7,620	£30,761
Profit After Tax	£4,044	£4,417	£4,804	£5,479	£6,172	£24,917
Change In Property Value	£8	£16,800	£29,988	£39,906	£27,801	£114,504
Net Return	£4,053	£21,217	£34,792	£45,385	£33,973	£139,420
Return From Rental Income (%)	1%	2%	2%	2%	2%	9%
Total Net Return (%)	1%	8%	12%	16%	12%	49%