	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£7,800	£7,917	£8,115	£8,318	£8,567	£40,717
Total Expenses	£6,152	£6,210	£6,273	£6,337	£6,405	£31,377
Profit Before Tax	£1,648	£1,707	£1,842	£1,981	£2,163	£9,340
Profit After Tax	£1,335	£1,383	£1,492	£1,604	£1,752	£7,566
Change In Property Value	£2,550	£2,627	£4,960	£5,708	£6,051	£21,895
Net Return	£3,885	£4,009	£6,452	£7,313	£7,802	£29,461
Return From Rental Income (%)	5%	5%	6%	6%	7%	29%
Total Net Return (%)	15%	15%	24%	28%	29%	111%