	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,000	£36,540	£37,088	£38,015	£38,966	£186,609
Total Expenses	£29,840	£29,907	£29,972	£30,075	£30,180	£149,973
Profit Before Tax	£6,160	£6,633	£7,117	£7,941	£8,785	£36,636
Profit After Tax	£4,990	£5,373	£5,764	£6,432	£7,116	£29,675
Change In Property Value	£8	£16,000	£28,560	£38,006	£26,477	£109,051
Net Return	£4,998	£21,373	£34,325	£44,437	£33,593	£138,726
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	2%	8%	13%	17%	13%	52%