	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,000	£12,180	£12,484	£12,797	£13,181	£62,642
Total Expenses	£8,635	£8,699	£8,773	£8,848	£8,929	£43,885
Profit Before Tax	£3,365	£3,481	£3,712	£3,949	£4,252	£18,757
Profit After Tax	£2,725	£2,819	£3,006	£3,198	£3,444	£15,193
Change In Property Value	£4,110	£4,233	£7,994	£9,200	£9,752	£35,290
Net Return	£6,835	£7,053	£11,000	£12,399	£13,196	£50,483
Return From Rental Income (%)	6%	7%	7%	8%	8%	36%
Total Net Return (%)	16%	17%	26%	29%	31%	120%