	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	£10,443	£10,512	£10,593	£10,676	£10,766	£52,989
Profit Before Tax	£4,557	£4,713	£5,013	£5,320	£5,709	£25,313
Profit After Tax	£3,691	£3,818	£4,061	£4,309	£4,625	£20,503
Change In Property Value	£5,250	£5,408	£10,211	£11,752	£12,457	£45,078
Net Return	£8,941	£9,225	£14,272	£16,062	£17,082	£65,582
Return From Rental Income (%)	7%	7%	8%	8%	9%	38%
Total Net Return (%)	17%	17%	27%	30%	32%	123%