	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	£9,451	£9,520	£9,601	£9,684	£9,774	£48,030
Profit Before Tax	£5,549	£5,705	£6,005	£6,312	£6,701	£30,272
Profit After Tax	£4,494	£4,621	£4,864	£5,113	£5,428	£24,521
Change In Property Value	£1,500	£1,515	£4,590	£6,304	£7,376	£21,286
Net Return	£5,994	£6,136	£9,454	£11,417	£12,804	£45,806
Return From Rental Income (%)	10%	10%	11%	11%	12%	53%
Total Net Return (%)	13%	13%	21%	25%	28%	100%