	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,600	£15,834	£16,230	£16,636	£17,135	£81,434
Total Expenses	£12,376	£12,410	£12,461	£12,512	£12,573	£62,332
Profit Before Tax	£3,225	£3,424	£3,769	£4,123	£4,562	£19,102
Profit After Tax	£2,612	£2,773	£3,053	£3,340	£3,695	£15,473
Change In Property Value	£5,200	£5,304	£10,820	£14,066	£14,770	£50,160
Net Return	£7,812	£8,077	£13,873	£17,406	£18,465	£65,633
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	10%	10%	17%	22%	23%	83%