	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£22,872	£23,215	£23,563	£24,152	£24,756	£118,559
Total Expenses	£21,017	£21,101	£21,177	£21,277	£21,380	£105,952
Profit Before Tax	£1,855	£2,114	£2,387	£2,875	£3,376	£12,607
Profit After Tax	£1,503	£1,712	£1,933	£2,329	£2,734	£10,212
Change In Property Value	£5	£10,399	£18,562	£24,701	£17,209	£70,876
Net Return	£1,508	£12,112	£20,496	£27,030	£19,943	£81,088
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%