	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,748	£11,924	£12,103	£12,406	£12,716	£60,897
Total Expenses	£10,736	£10,804	£10,862	£10,935	£11,008	£54,345
Profit Before Tax	£1,012	£1,121	£1,241	£1,471	£1,708	£6,552
Profit After Tax	£820	£908	£1,005	£1,192	£1,383	£5,307
Change In Property Value	£2	£4,700	£8,390	£11,164	£7,778	£32,034
Net Return	£822	£5,608	£9,395	£12,356	£9,161	£37,341
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	8%	13%	17%	13%	52%