	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£30,000	£30,450	£31,211	£31,992	£32,951	£156,604
Total Expenses	£27,305	£27,362	£27,448	£27,537	£27,644	£137,296
Profit Before Tax	£2,695	£3,088	£3,763	£4,454	£5,307	£19,308
Profit After Tax	£2,183	£2,502	£3,048	£3,608	£4,299	£15,639
Change In Property Value	£6	£6	£12,000	£21,420	£28,504	£61,937
Net Return	£2,189	£2,508	£15,048	£25,028	£32,803	£77,576
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	1%	1%	8%	13%	17%	39%