	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£34,500	£35,017	£35,893	£36,790	£37,894	£180,095
Total Expenses	£26,763	£26,826	£26,925	£27,025	£27,146	£134,686
Profit Before Tax	£7,737	£8,191	£8,968	£9,765	£10,748	£45,409
Profit After Tax	£6,267	£6,635	£7,264	£7,910	£8,706	£36,781
Change In Property Value	£6	£6	£11,500	£20,528	£27,317	£59,356
Net Return	£6,273	£6,641	£18,765	£28,437	£36,022	£96,138
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	3%	10%	15%	19%	51%