	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	£13,153	£13,225	£13,289	£13,369	£13,452	£66,487
Profit Before Tax	£1,848	£2,000	£2,165	£2,470	£2,784	£11,267
Profit After Tax	£1,496	£1,620	£1,753	£2,001	£2,255	£9,126
Change In Property Value	£3,000	£9,090	£12,484	£14,606	£11,871	£51,051
Net Return	£4,496	£10,710	£14,237	£16,607	£14,126	£60,177
Return From Rental Income (%)	2%	2%	2%	2%	2%	10%
Total Net Return (%)	5%	11%	15%	18%	15%	64%