	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,000	£21,315	£21,635	£22,176	£22,730	£108,855
Total Expenses	£20,188	£20,269	£20,342	£20,438	£20,536	£101,772
Profit Before Tax	£813	£1,046	£1,293	£1,738	£2,194	£7,083
Profit After Tax	£658	£847	£1,047	£1,408	£1,777	£5,737
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£663	£10,847	£18,897	£25,161	£18,325	£73,894
Return From Rental Income (%)	0%	1%	1%	1%	1%	4%
Total Net Return (%)	0%	7%	12%	15%	11%	45%