	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£27,000	£27,405	£28,090	£28,792	£29,656	£140,944
Total Expenses	£21,054	£21,106	£21,185	£21,266	£21,363	£105,974
Profit Before Tax	£5,946	£6,299	£6,905	£7,526	£8,293	£34,970
Profit After Tax	£4,816	£5,102	£5,593	£6,096	£6,717	£28,325
Change In Property Value	£5	£5	£9,000	£16,065	£21,378	£46,453
Net Return	£4,821	£5,107	£14,593	£22,162	£28,096	£74,778
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	3%	3%	10%	15%	19%	51%