	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,604	£23,958	£24,557	£25,171	£25,926	£123,216
Total Expenses	£18,730	£18,777	£18,848	£18,920	£19,006	£94,282
Profit Before Tax	£4,874	£5,181	£5,709	£6,251	£6,920	£28,934
Profit After Tax	£3,948	£4,196	£4,624	£5,063	£5,605	£23,436
Change In Property Value	£4	£4	£8,000	£14,280	£19,003	£41,291
Net Return	£3,952	£4,200	£12,625	£19,343	£24,608	£64,728
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	3%	10%	15%	19%	50%