	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	£12,132	£12,205	£12,293	£12,384	£12,484	£61,498
Profit Before Tax	£5,868	£6,065	£6,433	£6,811	£7,286	£32,464
Profit After Tax	£4,753	£4,913	£5,211	£5,517	£5,902	£26,296
Change In Property Value	£6,300	£6,489	£12,253	£14,103	£14,949	£54,094
Net Return	£11,053	£11,402	£17,464	£19,619	£20,851	£80,390
Return From Rental Income (%)	7%	8%	8%	9%	9%	41%
Total Net Return (%)	17%	18%	27%	31%	33%	126%