	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	£20,788	£20,878	£20,960	£21,071	£21,185	£104,882
Profit Before Tax	£6,213	£6,527	£6,856	£7,440	£8,039	£35,074
Profit After Tax	£5,032	£5,287	£5,553	£6,026	£6,511	£28,410
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£5,037	£15,287	£23,404	£29,780	£23,060	£96,567
Return From Rental Income (%)	3%	3%	3%	4%	4%	17%
Total Net Return (%)	3%	9%	14%	18%	14%	59%