	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£8,256	£8,380	£8,506	£8,718	£8,936	£42,796
Total Expenses	£6,975	£7,037	£7,091	£7,154	£7,218	£35,474
Profit Before Tax	£1,281	£1,343	£1,415	£1,565	£1,718	£7,322
Profit After Tax	£1,038	£1,088	£1,146	£1,267	£1,392	£5,931
Change In Property Value	£3,869	£7,305	£8,407	£8,912	£7,085	£35,578
Net Return	£4,906	£8,393	£9,554	£10,179	£8,477	£41,509
Return From Rental Income (%)	3%	3%	3%	3%	4%	15%
Total Net Return (%)	12%	21%	24%	26%	21%	105%