	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	£6,771	£6,835	£6,908	£6,983	£7,064	£34,561
Profit Before Tax	£5,229	£5,345	£5,576	£5,813	£6,116	£28,080
Profit After Tax	£4,236	£4,330	£4,517	£4,709	£4,954	£22,745
Change In Property Value	£2,700	£2,781	£5,251	£6,044	£6,407	£23,183
Net Return	£6,936	£7,111	£9,768	£10,753	£11,361	£45,928
Return From Rental Income (%)	15%	15%	16%	17%	18%	81%
Total Net Return (%)	25%	25%	35%	38%	41%	164%