	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,000	£12,180	£12,484	£12,797	£13,181	£62,642
Total Expenses	£9,350	£9,414	£9,487	£9,562	£9,643	£47,456
Profit Before Tax	£2,650	£2,766	£2,997	£3,234	£3,537	£15,186
Profit After Tax	£2,147	£2,241	£2,428	£2,620	£2,865	£12,301
Change In Property Value	£3,875	£3,972	£7,328	£9,360	£10,772	£35,307
Net Return	£6,022	£6,213	£9,756	£11,980	£13,637	£47,607
Return From Rental Income (%)	5%	5%	5%	6%	6%	26%
Total Net Return (%)	13%	13%	21%	25%	29%	100%