	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,252	£12,436	£12,747	£13,065	£13,457	£63,957
Total Expenses	£10,168	£10,233	£10,307	£10,382	£10,464	£51,555
Profit Before Tax	£2,084	£2,203	£2,440	£2,683	£2,993	£12,402
Profit After Tax	£1,688	£1,784	£1,976	£2,173	£2,424	£10,046
Change In Property Value	£5,250	£5,408	£10,211	£11,752	£12,457	£45,078
Net Return	£6,938	£7,192	£12,187	£13,925	£14,882	£55,124
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%