	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	£11,415	£11,487	£11,551	£11,632	£11,714	£57,799
Profit Before Tax	£3,585	£3,738	£3,902	£4,208	£4,522	£19,955
Profit After Tax	£2,904	£3,027	£3,161	£3,408	£3,663	£16,163
Change In Property Value	£6,150	£11,347	£14,492	£16,679	£11,786	£60,454
Net Return	£9,054	£14,374	£17,653	£20,088	£15,449	£76,617
Return From Rental Income (%)	4%	4%	4%	5%	5%	22%
Total Net Return (%)	12%	19%	24%	27%	21%	102%