	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	£13,776	£13,844	£13,925	£14,008	£14,099	£69,653
Profit Before Tax	£1,224	£1,381	£1,680	£1,988	£2,377	£8,649
Profit After Tax	£992	£1,118	£1,361	£1,610	£1,925	£7,006
Change In Property Value	£7,770	£8,003	£15,113	£17,393	£18,437	£66,715
Net Return	£8,762	£9,121	£16,474	£19,003	£20,362	£73,722
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	11%	12%	21%	24%	26%	93%