	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,556	£11,787	£12,023	£12,323	£12,632	£60,321
Total Expenses	£9,912	£9,985	£10,050	£10,122	£10,195	£50,265
Profit Before Tax	£1,644	£1,802	£1,973	£2,202	£2,436	£10,056
Profit After Tax	£1,331	£1,459	£1,598	£1,783	£1,973	£8,145
Change In Property Value	£6,300	£10,815	£13,627	£14,445	£12,759	£57,946
Net Return	£7,631	£12,274	£15,225	£16,228	£14,733	£66,091
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	11%	17%	21%	23%	21%	92%