	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£15,000	£15,300	£15,683	£16,075	£16,476	£78,533
Total Expenses	£13,417	£13,493	£13,574	£13,657	£13,740	£67,880
Profit Before Tax	£1,583	£1,807	£2,109	£2,418	£2,737	£10,653
Profit After Tax	£1,282	£1,464	£1,708	£1,958	£2,217	£8,629
Change In Property Value	£7,499	£7,723	£13,259	£16,706	£17,708	£62,895
Net Return	£8,781	£9,187	£14,967	£18,664	£19,925	£71,524
Return From Rental Income (%)	2%	2%	2%	2%	3%	11%
Total Net Return (%)	11%	12%	19%	24%	25%	91%