	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	£15,504	£15,577	£15,666	£15,756	£15,857	£78,360
Profit Before Tax	£2,496	£2,693	£3,061	£3,438	£3,914	£15,602
Profit After Tax	£2,022	£2,181	£2,479	£2,785	£3,170	£12,638
Change In Property Value	£3	£3	£5,900	£10,532	£14,015	£30,452
Net Return	£2,025	£2,184	£8,380	£13,317	£17,185	£43,090
Return From Rental Income (%)	2%	2%	3%	3%	3%	14%
Total Net Return (%)	2%	2%	9%	15%	19%	47%