	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	£17,614	£17,695	£17,768	£17,864	£17,962	£88,902
Profit Before Tax	£3,387	£3,620	£3,867	£4,312	£4,768	£19,953
Profit After Tax	£2,743	£2,932	£3,132	£3,492	£3,862	£16,162
Change In Property Value	£4	£8,400	£14,994	£19,953	£13,901	£57,252
Net Return	£2,747	£11,332	£18,126	£23,445	£17,763	£73,414
Return From Rental Income (%)	2%	2%	2%	3%	3%	12%
Total Net Return (%)	2%	8%	13%	17%	13%	54%