	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£10,800	£10,962	£11,236	£11,517	£11,862	£56,377
Total Expenses	£9,029	£9,091	£9,162	£9,234	£9,311	£45,827
Profit Before Tax	£1,771	£1,871	£2,074	£2,283	£2,551	£10,550
Profit After Tax	£1,434	£1,515	£1,680	£1,849	£2,067	£8,546
Change In Property Value	£4,499	£4,633	£8,750	£10,070	£10,674	£38,625
Net Return	£5,933	£6,149	£10,430	£11,919	£12,741	£47,171
Return From Rental Income (%)	3%	3%	4%	4%	4%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%