	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£32,388	£32,874	£33,367	£34,201	£35,056	£167,886
Total Expenses	£25,670	£25,769	£25,859	£25,984	£26,112	£129,394
Profit Before Tax	£6,718	£7,105	£7,508	£8,217	£8,944	£38,492
Profit After Tax	£5,442	£5,755	£6,082	£6,656	£7,245	£31,179
Change In Property Value	£6	£12,700	£22,670	£30,167	£21,016	£86,559
Net Return	£5,448	£18,455	£28,751	£36,823	£28,261	£117,738
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	3%	9%	14%	17%	13%	56%