	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£18,000	£18,360	£18,819	£19,289	£19,772	£94,240
Total Expenses	£15,703	£15,785	£15,873	£15,964	£16,055	£79,380
Profit Before Tax	£2,298	£2,576	£2,946	£3,325	£3,717	£14,860
Profit After Tax	£1,861	£2,086	£2,386	£2,693	£3,010	£12,037
Change In Property Value	£6,000	£6,120	£12,485	£16,230	£18,746	£59,581
Net Return	£7,861	£8,206	£14,871	£18,924	£21,756	£71,618
Return From Rental Income (%)	1%	1%	1%	2%	2%	8%
Total Net Return (%)	5%	5%	9%	12%	14%	45%