	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,072	£12,253	£12,559	£12,873	£13,260	£63,017
Total Expenses	£9,950	£10,014	£10,088	£10,163	£10,244	£50,459
Profit Before Tax	£2,122	£2,239	£2,472	£2,710	£3,015	£12,559
Profit After Tax	£1,719	£1,814	£2,002	£2,195	£2,442	£10,172
Change In Property Value	£5,099	£5,251	£9,916	£11,413	£12,098	£43,777
Net Return	£6,817	£7,065	£11,919	£13,608	£14,540	£53,950
Return From Rental Income (%)	3%	3%	4%	4%	5%	20%
Total Net Return (%)	13%	14%	23%	26%	28%	104%