	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£33,000	£33,495	£34,332	£35,191	£36,246	£172,264
Total Expenses	£25,621	£25,682	£25,777	£25,874	£25,990	£128,944
Profit Before Tax	£7,379	£7,813	£8,556	£9,317	£10,257	£43,321
Profit After Tax	£5,977	£6,328	£6,930	£7,547	£8,308	£35,090
Change In Property Value	£6	£6	£11,000	£19,635	£26,129	£56,776
Net Return	£5,982	£6,334	£17,930	£27,182	£34,437	£91,866
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	3%	10%	15%	19%	51%