	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£36,000	£36,540	£37,453	£38,390	£39,542	£187,925
Total Expenses	£24,929	£24,995	£25,097	£25,202	£25,327	£125,550
Profit Before Tax	£11,071	£11,545	£12,357	£13,188	£14,214	£62,375
Profit After Tax	£8,967	£9,352	£10,009	£10,682	£11,513	£50,523
Change In Property Value	£5	£5	£10,500	£18,743	£24,941	£54,195
Net Return	£8,972	£9,357	£20,509	£29,425	£36,455	£104,718
Return From Rental Income (%)	5%	5%	6%	6%	7%	29%
Total Net Return (%)	5%	5%	12%	17%	21%	61%