	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	£20,487	£20,573	£20,651	£20,755	£20,861	£103,327
Profit Before Tax	£3,513	£3,787	£4,074	£4,589	£5,116	£21,079
Profit After Tax	£2,845	£3,067	£3,300	£3,717	£4,144	£17,074
Change In Property Value	£5	£10,000	£17,850	£23,753	£16,548	£68,157
Net Return	£2,850	£13,067	£21,150	£27,470	£20,693	£85,231
Return From Rental Income (%)	2%	2%	2%	2%	3%	10%
Total Net Return (%)	2%	8%	13%	17%	13%	52%