	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,270	£18,544	£19,008	£19,483	£93,305
Total Expenses	£16,668	£16,745	£16,814	£16,902	£16,992	£84,122
Profit Before Tax	£1,332	£1,525	£1,730	£2,106	£2,491	£9,183
Profit After Tax	£1,079	£1,235	£1,402	£1,706	£2,017	£7,438
Change In Property Value	£4	£7,999	£14,278	£19,000	£13,237	£54,519
Net Return	£1,083	£9,234	£15,680	£20,706	£15,254	£61,957
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%