	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£25,524	£25,907	£26,295	£26,953	£27,627	£132,306
Total Expenses	£23,214	£23,302	£23,382	£23,489	£23,599	£116,987
Profit Before Tax	£2,310	£2,605	£2,914	£3,463	£4,027	£15,319
Profit After Tax	£1,871	£2,110	£2,360	£2,805	£3,262	£12,409
Change In Property Value	£6	£11,600	£20,706	£27,554	£19,196	£79,061
Net Return	£1,877	£13,710	£23,066	£30,359	£22,458	£91,470
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%