	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£28,800	£29,232	£29,963	£30,712	£31,633	£150,340
Total Expenses	£22,734	£22,823	£22,939	£23,058	£23,193	£114,746
Profit Before Tax	£6,066	£6,409	£7,024	£7,654	£8,441	£35,594
Profit After Tax	£4,914	£5,191	£5,689	£6,200	£6,837	£28,831
Change In Property Value	£5	£5	£9,000	£16,065	£21,378	£46,453
Net Return	£4,918	£5,196	£14,689	£22,265	£28,215	£75,284
Return From Rental Income (%)	3%	4%	4%	4%	5%	20%
Total Net Return (%)	3%	4%	10%	15%	19%	52%