	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	£16,166	£16,247	£16,320	£16,416	£16,514	£81,663
Profit Before Tax	£4,834	£5,068	£5,315	£5,760	£6,216	£27,192
Profit After Tax	£3,916	£4,105	£4,305	£4,665	£5,035	£22,026
Change In Property Value	£4	£7,500	£13,388	£17,815	£12,411	£51,118
Net Return	£3,920	£11,605	£17,692	£22,480	£17,446	£73,144
Return From Rental Income (%)	3%	3%	4%	4%	4%	18%
Total Net Return (%)	3%	10%	15%	19%	15%	61%