	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,000	£33,495	£33,997	£34,847	£35,719	£171,058
Total Expenses	£29,431	£29,531	£29,622	£29,749	£29,879	£148,211
Profit Before Tax	£3,569	£3,964	£4,375	£5,099	£5,840	£22,847
Profit After Tax	£2,891	£3,211	£3,544	£4,130	£4,730	£18,506
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£2,898	£18,211	£30,319	£39,760	£29,553	£120,742
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	48%