	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,000	£15,300	£15,683	£16,075	£16,476	£78,533
Total Expenses	£11,919	£11,960	£12,009	£12,059	£12,110	£60,058
Profit Before Tax	£3,081	£3,340	£3,673	£4,015	£4,366	£18,476
Profit After Tax	£2,496	£2,705	£2,975	£3,252	£3,537	£14,965
Change In Property Value	£7,500	£7,725	£13,261	£16,709	£17,712	£62,907
Net Return	£9,996	£10,430	£16,237	£19,961	£21,248	£77,872
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	21%	25%	27%	99%