	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£23,856	£24,214	£24,819	£25,440	£26,203	£124,532
Total Expenses	£20,739	£20,787	£20,858	£20,931	£21,018	£104,333
Profit Before Tax	£3,117	£3,427	£3,961	£4,509	£5,185	£20,199
Profit After Tax	£2,524	£2,776	£3,209	£3,652	£4,200	£16,361
Change In Property Value	£9,000	£9,180	£18,727	£24,345	£25,563	£86,815
Net Return	£11,524	£11,956	£21,936	£27,997	£29,762	£103,176
Return From Rental Income (%)	2%	2%	2%	3%	3%	11%
Total Net Return (%)	8%	8%	15%	19%	20%	71%