	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,228	£24,591	£25,206	£25,836	£26,611	£126,473
Total Expenses	£21,285	£21,367	£21,471	£21,578	£21,699	£107,400
Profit Before Tax	£2,943	£3,224	£3,735	£4,258	£4,913	£19,073
Profit After Tax	£2,384	£2,612	£3,025	£3,449	£3,979	£15,449
Change In Property Value	£4	£4	£8,500	£15,173	£20,191	£43,872
Net Return	£2,388	£2,616	£11,525	£18,622	£24,170	£59,322
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	2%	2%	8%	14%	18%	43%