	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,596	£13,800	£14,145	£14,499	£14,934	£70,973
Total Expenses	£11,295	£11,361	£11,438	£11,518	£11,604	£57,215
Profit Before Tax	£2,301	£2,439	£2,707	£2,981	£3,330	£13,758
Profit After Tax	£1,864	£1,976	£2,192	£2,415	£2,697	£11,144
Change In Property Value	£6,000	£6,180	£11,670	£13,431	£14,237	£51,517
Net Return	£7,864	£8,156	£13,862	£15,845	£16,934	£62,661
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	13%	13%	23%	26%	28%	103%