	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£37,500	£38,062	£38,633	£39,599	£40,589	£194,384
Total Expenses	£29,881	£29,988	£30,086	£30,224	£30,366	£150,544
Profit Before Tax	£7,619	£8,075	£8,548	£9,375	£10,224	£43,840
Profit After Tax	£6,171	£6,541	£6,924	£7,594	£8,281	£35,511
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£6,179	£21,541	£33,699	£43,224	£33,104	£137,746
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	13%	17%	13%	55%