	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,000	£39,585	£40,575	£41,589	£42,837	£203,585
Total Expenses	£30,187	£30,257	£30,366	£30,479	£30,614	£151,903
Profit Before Tax	£8,813	£9,328	£10,208	£11,110	£12,222	£51,682
Profit After Tax	£7,139	£7,556	£8,269	£8,999	£9,900	£41,862
Change In Property Value	£6	£6	£12,999	£23,204	£30,877	£67,093
Net Return	£7,145	£7,562	£21,268	£32,203	£40,778	£108,956
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	4%	10%	15%	19%	50%