	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,000	£27,405	£27,816	£28,511	£29,224	£139,957
Total Expenses	£22,505	£22,558	£22,609	£22,689	£22,771	£113,133
Profit Before Tax	£4,495	£4,847	£5,207	£5,822	£6,453	£26,824
Profit After Tax	£3,641	£3,926	£4,217	£4,716	£5,227	£21,727
Change In Property Value	£6	£12,000	£21,420	£28,504	£19,858	£81,788
Net Return	£3,647	£15,926	£25,638	£33,220	£25,085	£103,516
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	13%	52%