	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£6,624	£6,756	£6,892	£7,064	£7,240	£34,576
Total Expenses	£5,397	£5,460	£5,515	£5,574	£5,634	£27,581
Profit Before Tax	£1,227	£1,296	£1,377	£1,490	£1,606	£6,996
Profit After Tax	£994	£1,050	£1,115	£1,207	£1,301	£5,667
Change In Property Value	£2,550	£4,377	£5,515	£5,846	£5,164	£23,453
Net Return	£3,544	£5,427	£6,630	£7,053	£6,465	£29,120
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	12%	19%	23%	24%	22%	100%