	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,480	£12,730	£12,984	£13,309	£13,642	£65,144
Total Expenses	£9,619	£9,694	£9,760	£9,834	£9,910	£48,817
Profit Before Tax	£2,861	£3,036	£3,224	£3,474	£3,731	£16,327
Profit After Tax	£2,318	£2,459	£2,612	£2,814	£3,022	£13,225
Change In Property Value	£5,940	£10,197	£12,848	£13,619	£12,030	£54,635
Net Return	£8,258	£12,656	£15,460	£16,433	£15,053	£67,860
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	12%	19%	23%	24%	22%	101%