	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£16,500	£16,747	£16,999	£17,424	£17,859	£85,529
Total Expenses	£13,303	£13,377	£13,443	£13,528	£13,614	£67,265
Profit Before Tax	£3,198	£3,370	£3,555	£3,896	£4,245	£18,264
Profit After Tax	£2,590	£2,730	£2,880	£3,156	£3,439	£14,794
Change In Property Value	£3	£6,000	£10,710	£14,252	£9,929	£40,894
Net Return	£2,593	£8,730	£13,590	£17,408	£13,368	£55,688
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	15%	19%	14%	60%