	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	£27,931	£27,993	£28,054	£28,149	£28,247	£140,374
Profit Before Tax	£5,069	£5,502	£5,944	£6,698	£7,472	£30,684
Profit After Tax	£4,106	£4,456	£4,814	£5,426	£6,052	£24,854
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£4,113	£19,457	£31,590	£41,056	£30,874	£127,090
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	2%	8%	13%	16%	12%	51%