	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£20,352	£20,657	£21,174	£21,703	£22,354	£106,240
Total Expenses	£18,715	£18,791	£18,886	£18,983	£19,091	£94,466
Profit Before Tax	£1,637	£1,866	£2,288	£2,720	£3,264	£11,774
Profit After Tax	£1,326	£1,511	£1,853	£2,203	£2,643	£9,537
Change In Property Value	£7,400	£7,548	£15,398	£20,017	£21,018	£71,381
Net Return	£8,726	£9,059	£17,251	£22,221	£23,662	£80,918
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	7%	8%	15%	19%	20%	69%