	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	£4	£8,000	£14,280	£19,003	£13,239	£54,526
Net Return	£1,081	£9,234	£15,680	£20,707	£15,255	£61,957
Return From Rental Income (%)	1%	1%	1%	1%	2%	6%
Total Net Return (%)	1%	7%	12%	16%	12%	48%