	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,556	£8,684	£8,815	£9,035	£9,261	£44,351
Total Expenses	£7,228	£7,291	£7,345	£7,409	£7,474	£36,747
Profit Before Tax	£1,328	£1,393	£1,470	£1,626	£1,787	£7,603
Profit After Tax	£1,076	£1,129	£1,190	£1,317	£1,447	£6,159
Change In Property Value	£4,077	£7,699	£8,861	£9,392	£7,467	£37,495
Net Return	£5,153	£8,827	£10,051	£10,709	£8,914	£43,654
Return From Rental Income (%)	3%	3%	3%	3%	3%	15%
Total Net Return (%)	12%	21%	24%	26%	21%	105%