	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	£17,693	£17,739	£17,784	£17,852	£17,921	£88,989
Profit Before Tax	£4,627	£4,915	£5,211	£5,718	£6,238	£26,709
Profit After Tax	£3,748	£3,982	£4,221	£4,632	£5,052	£21,634
Change In Property Value	£5	£9,300	£16,601	£22,091	£15,390	£63,386
Net Return	£3,752	£13,282	£20,822	£26,722	£20,442	£85,020
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	56%