	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,000	£15,225	£15,606	£15,996	£16,476	£78,302
Total Expenses	£10,840	£10,908	£10,989	£11,072	£11,163	£54,973
Profit Before Tax	£4,160	£4,317	£4,616	£4,923	£5,313	£23,329
Profit After Tax	£3,370	£3,496	£3,739	£3,988	£4,303	£18,897
Change In Property Value	£2	£2	£3,700	£6,605	£8,789	£19,097
Net Return	£3,372	£3,498	£7,439	£10,593	£13,092	£37,994
Return From Rental Income (%)	6%	6%	7%	7%	8%	33%
Total Net Return (%)	6%	6%	13%	19%	23%	67%