	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	£17,755	£17,833	£17,929	£18,028	£18,137	£89,682
Profit Before Tax	£3,245	£3,482	£3,919	£4,366	£4,928	£19,940
Profit After Tax	£2,628	£2,821	£3,174	£3,537	£3,992	£16,152
Change In Property Value	£8,605	£8,820	£16,272	£20,783	£23,920	£78,399
Net Return	£11,233	£11,640	£19,446	£24,320	£27,912	£94,551
Return From Rental Income (%)	2%	3%	3%	3%	4%	15%
Total Net Return (%)	10%	11%	18%	22%	26%	87%