	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,160	£17,417	£17,679	£18,121	£18,574	£88,950
Total Expenses	£15,460	£15,536	£15,603	£15,689	£15,777	£78,064
Profit Before Tax	£1,700	£1,882	£2,076	£2,432	£2,797	£10,887
Profit After Tax	£1,377	£1,524	£1,681	£1,970	£2,266	£8,818
Change In Property Value	£4	£7,300	£13,031	£17,340	£12,080	£49,755
Net Return	£1,381	£8,824	£14,712	£19,310	£14,346	£58,573
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	1%	8%	13%	17%	12%	50%