	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,000	£21,315	£21,848	£22,394	£23,066	£109,623
Total Expenses	£16,003	£16,080	£16,176	£16,275	£16,385	£80,918
Profit Before Tax	£4,998	£5,235	£5,672	£6,119	£6,681	£28,705
Profit After Tax	£4,048	£4,240	£4,594	£4,957	£5,412	£23,251
Change In Property Value	£7,500	£7,688	£14,183	£18,115	£20,849	£68,336
Net Return	£11,548	£11,928	£18,777	£23,072	£26,261	£91,586
Return From Rental Income (%)	4%	5%	5%	5%	6%	25%
Total Net Return (%)	12%	13%	20%	25%	28%	98%