	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	£8,135	£8,166	£8,194	£8,235	£8,278	£41,008
Profit Before Tax	£3,865	£4,014	£4,169	£4,436	£4,711	£21,195
Profit After Tax	£3,131	£3,252	£3,377	£3,593	£3,816	£17,168
Change In Property Value	£5,000	£9,225	£11,782	£13,560	£9,583	£49,151
Net Return	£8,131	£12,477	£15,159	£17,154	£13,398	£66,319
Return From Rental Income (%)	5%	5%	6%	6%	6%	28%
Total Net Return (%)	13%	20%	25%	28%	22%	109%