	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£17,556	£17,819	£18,265	£18,721	£19,283	£91,645
Total Expenses	£15,063	£15,135	£15,223	£15,312	£15,411	£76,144
Profit Before Tax	£2,493	£2,684	£3,042	£3,409	£3,872	£15,500
Profit After Tax	£2,019	£2,174	£2,464	£2,761	£3,136	£12,555
Change In Property Value	£3	£3	£5,700	£10,175	£13,540	£29,420
Net Return	£2,022	£2,177	£8,164	£12,936	£16,676	£41,975
Return From Rental Income (%)	2%	2%	3%	3%	4%	14%
Total Net Return (%)	2%	2%	9%	15%	19%	48%