	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	£14,622	£14,695	£14,784	£14,875	£14,975	£73,951
Profit Before Tax	£3,378	£3,575	£3,943	£4,320	£4,796	£20,011
Profit After Tax	£2,736	£2,895	£3,194	£3,499	£3,885	£16,209
Change In Property Value	£8,183	£8,429	£15,916	£18,318	£19,417	£70,264
Net Return	£10,919	£11,324	£19,110	£21,818	£23,302	£86,473
Return From Rental Income (%)	3%	3%	4%	4%	5%	19%
Total Net Return (%)	13%	13%	23%	26%	28%	103%