	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,270	£18,544	£19,008	£19,483	£93,305
Total Expenses	£16,670	£16,747	£16,815	£16,904	£16,994	£84,130
Profit Before Tax	£1,330	£1,523	£1,729	£2,104	£2,489	£9,175
Profit After Tax	£1,077	£1,234	£1,400	£1,704	£2,016	£7,432
Change In Property Value	£12,000	£22,660	£26,080	£27,644	£21,977	£110,361
Net Return	£13,077	£23,894	£27,480	£29,349	£23,993	£117,793
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	10%	19%	21%	23%	19%	92%