	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£14,640	£14,933	£15,306	£15,689	£16,081	£76,649
Total Expenses	£12,986	£13,061	£13,142	£13,224	£13,306	£65,718
Profit Before Tax	£1,654	£1,872	£2,165	£2,465	£2,775	£10,931
Profit After Tax	£1,340	£1,516	£1,753	£1,997	£2,248	£8,854
Change In Property Value	£7,200	£7,416	£12,731	£16,041	£17,003	£60,391
Net Return	£8,540	£8,932	£14,484	£18,038	£19,251	£69,245
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	11%	12%	19%	24%	26%	92%