	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,000	£15,225	£15,453	£15,840	£16,236	£77,754
Total Expenses	£11,544	£11,616	£11,680	£11,761	£11,843	£58,443
Profit Before Tax	£3,456	£3,609	£3,773	£4,079	£4,393	£19,310
Profit After Tax	£2,800	£2,923	£3,056	£3,304	£3,558	£15,641
Change In Property Value	£5,000	£10,200	£13,260	£13,923	£10,233	£52,616
Net Return	£7,800	£13,123	£16,316	£17,227	£13,792	£68,258
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	10%	17%	21%	23%	18%	90%