	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£29,136	£29,573	£30,017	£30,767	£31,536	£151,029
Total Expenses	£23,360	£23,417	£23,471	£23,557	£23,644	£117,450
Profit Before Tax	£5,776	£6,156	£6,545	£7,210	£7,892	£33,579
Profit After Tax	£4,678	£4,987	£5,302	£5,840	£6,392	£27,199
Change In Property Value	£6	£12,399	£22,132	£29,452	£20,518	£84,508
Net Return	£4,684	£17,386	£27,434	£35,292	£26,911	£111,707
Return From Rental Income (%)	2%	2%	3%	3%	3%	13%
Total Net Return (%)	2%	8%	13%	17%	13%	54%