	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	£27,266	£27,333	£27,398	£27,501	£27,606	£137,103
Profit Before Tax	£8,734	£9,207	£9,691	£10,515	£11,359	£49,506
Profit After Tax	£7,075	£7,458	£7,849	£8,517	£9,201	£40,100
Change In Property Value	£7	£14,400	£25,704	£34,205	£23,829	£98,146
Net Return	£7,082	£21,858	£33,554	£42,722	£33,030	£138,246
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	57%