	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,712	£24,068	£24,669	£25,286	£26,045	£123,780
Total Expenses	£21,233	£21,315	£21,418	£21,523	£21,642	£107,131
Profit Before Tax	£2,479	£2,753	£3,252	£3,763	£4,403	£16,649
Profit After Tax	£2,008	£2,230	£2,634	£3,048	£3,566	£13,486
Change In Property Value	£8,500	£8,670	£17,687	£22,993	£24,142	£81,992
Net Return	£10,508	£10,900	£20,321	£26,041	£27,709	£95,478
Return From Rental Income (%)	1%	2%	2%	2%	3%	10%
Total Net Return (%)	8%	8%	15%	19%	20%	70%