	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,096	£39,682	£40,278	£41,285	£42,317	£202,657
Total Expenses	£33,258	£33,367	£33,468	£33,610	£33,756	£167,459
Profit Before Tax	£5,838	£6,315	£6,810	£7,675	£8,561	£35,199
Profit After Tax	£4,728	£5,116	£5,516	£6,216	£6,934	£28,511
Change In Property Value	£9	£17,000	£30,345	£40,381	£28,132	£115,867
Net Return	£4,737	£22,116	£35,862	£46,597	£35,066	£144,378
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	16%	12%	50%