	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	£18,688	£18,732	£18,774	£18,838	£18,904	£93,935
Profit Before Tax	£2,313	£2,583	£2,861	£3,337	£3,826	£14,920
Profit After Tax	£1,873	£2,093	£2,317	£2,703	£3,099	£12,085
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£1,878	£12,093	£20,168	£26,457	£19,647	£80,242
Return From Rental Income (%)	1%	1%	1%	2%	2%	7%
Total Net Return (%)	1%	7%	12%	16%	12%	49%