	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,000	£12,180	£12,363	£12,672	£12,989	£62,203
Total Expenses	£8,133	£8,164	£8,192	£8,234	£8,276	£41,000
Profit Before Tax	£3,867	£4,016	£4,170	£4,438	£4,712	£21,203
Profit After Tax	£3,132	£3,253	£3,378	£3,595	£3,817	£17,175
Change In Property Value	£3,999	£8,158	£10,605	£11,136	£8,185	£42,083
Net Return	£7,131	£11,411	£13,983	£14,730	£12,002	£59,257
Return From Rental Income (%)	5%	5%	6%	6%	6%	28%
Total Net Return (%)	12%	19%	23%	24%	20%	97%