	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	£11,135	£11,199	£11,272	£11,347	£11,429	£56,382
Profit Before Tax	£865	£981	£1,212	£1,449	£1,752	£6,259
Profit After Tax	£701	£795	£982	£1,174	£1,419	£5,070
Change In Property Value	£6,000	£6,180	£11,670	£13,431	£14,237	£51,518
Net Return	£6,701	£6,975	£12,652	£14,605	£15,656	£56,588
Return From Rental Income (%)	1%	1%	2%	2%	2%	8%
Total Net Return (%)	11%	11%	21%	24%	26%	93%