	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,000	£24,360	£24,725	£25,344	£25,977	£124,406
Total Expenses	£18,988	£19,036	£19,083	£19,155	£19,229	£95,490
Profit Before Tax	£5,013	£5,324	£5,643	£6,188	£6,748	£28,916
Profit After Tax	£4,060	£4,312	£4,571	£5,013	£5,466	£23,422
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£4,065	£14,313	£22,421	£28,766	£22,014	£91,579
Return From Rental Income (%)	2%	3%	3%	3%	3%	14%
Total Net Return (%)	2%	9%	14%	18%	13%	56%