	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,270	£18,727	£19,195	£19,771	£93,962
Total Expenses	£12,529	£12,602	£12,690	£12,781	£12,881	£63,482
Profit Before Tax	£5,472	£5,668	£6,037	£6,414	£6,890	£30,480
Profit After Tax	£4,432	£4,591	£4,890	£5,195	£5,581	£24,689
Change In Property Value	£5,500	£5,638	£10,401	£13,285	£15,289	£50,113
Net Return	£9,932	£10,229	£15,291	£18,480	£20,870	£74,802
Return From Rental Income (%)	7%	7%	7%	8%	8%	37%
Total Net Return (%)	15%	15%	23%	28%	31%	112%