	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,000	£15,225	£15,606	£15,996	£16,476	£78,302
Total Expenses	£11,038	£11,106	£11,187	£11,270	£11,361	£55,963
Profit Before Tax	£3,962	£4,119	£4,418	£4,726	£5,115	£22,339
Profit After Tax	£3,209	£3,336	£3,579	£3,828	£4,143	£18,095
Change In Property Value	£3,800	£3,876	£7,907	£10,279	£10,793	£36,653
Net Return	£7,009	£7,212	£11,485	£14,106	£14,935	£54,748
Return From Rental Income (%)	6%	6%	6%	7%	7%	31%
Total Net Return (%)	12%	12%	20%	24%	26%	94%