	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,580	£14,799	£15,021	£15,396	£15,781	£75,577
Total Expenses	£12,145	£12,217	£12,280	£12,360	£12,441	£61,443
Profit Before Tax	£2,435	£2,582	£2,740	£3,036	£3,340	£14,133
Profit After Tax	£1,972	£2,091	£2,220	£2,460	£2,706	£11,448
Change In Property Value	£3	£5,400	£9,639	£12,827	£8,936	£36,805
Net Return	£1,975	£7,491	£11,859	£15,286	£11,642	£48,253
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	14%	58%