	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£19,956	£20,255	£20,559	£21,073	£21,600	£103,444
Total Expenses	£15,257	£15,337	£15,408	£15,501	£15,597	£77,100
Profit Before Tax	£4,699	£4,919	£5,151	£5,572	£6,003	£26,344
Profit After Tax	£3,806	£3,984	£4,172	£4,513	£4,863	£21,338
Change In Property Value	£4	£7,000	£12,495	£16,627	£11,584	£47,710
Net Return	£3,810	£10,984	£16,667	£21,141	£16,446	£69,048
Return From Rental Income (%)	3%	4%	4%	4%	4%	19%
Total Net Return (%)	3%	10%	15%	19%	15%	62%