	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£39,000	£39,585	£40,179	£41,183	£42,213	£202,160
Total Expenses	£30,031	£30,140	£30,240	£30,382	£30,528	£151,322
Profit Before Tax	£8,969	£9,445	£9,939	£10,801	£11,685	£50,838
Profit After Tax	£7,265	£7,651	£8,050	£8,749	£9,465	£41,179
Change In Property Value	£8	£15,000	£26,775	£35,630	£24,822	£102,236
Net Return	£7,272	£22,651	£34,826	£44,379	£34,287	£143,415
Return From Rental Income (%)	3%	3%	3%	3%	4%	16%
Total Net Return (%)	3%	9%	14%	18%	14%	57%