	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,320	£22,655	£22,995	£23,569	£24,159	£115,698
Total Expenses	£18,015	£18,061	£18,105	£18,173	£18,243	£90,598
Profit Before Tax	£4,305	£4,594	£4,889	£5,396	£5,916	£25,100
Profit After Tax	£3,487	£3,721	£3,960	£4,371	£4,792	£20,331
Change In Property Value	£5	£9,500	£16,958	£22,566	£15,721	£64,749
Net Return	£3,492	£13,221	£20,918	£26,937	£20,513	£85,080
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	9%	14%	17%	13%	55%