	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£9,180	£9,318	£9,457	£9,694	£9,936	£47,585
Total Expenses	£7,262	£7,325	£7,380	£7,446	£7,513	£36,926
Profit Before Tax	£1,918	£1,992	£2,077	£2,248	£2,424	£10,659
Profit After Tax	£1,554	£1,614	£1,682	£1,821	£1,963	£8,634
Change In Property Value	£4,050	£7,648	£8,802	£9,330	£7,417	£37,247
Net Return	£5,604	£9,262	£10,484	£11,151	£9,380	£45,881
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	14%	22%	25%	27%	23%	111%