	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£21,000	£21,420	£21,955	£22,504	£23,067	£109,947
Total Expenses	£14,300	£14,354	£14,418	£14,484	£14,551	£72,106
Profit Before Tax	£6,700	£7,066	£7,538	£8,021	£8,516	£37,841
Profit After Tax	£5,427	£5,724	£6,105	£6,497	£6,898	£30,651
Change In Property Value	£5,898	£6,016	£12,273	£15,954	£18,427	£58,568
Net Return	£11,325	£11,740	£18,378	£22,451	£25,325	£89,219
Return From Rental Income (%)	3%	4%	4%	4%	4%	20%
Total Net Return (%)	7%	8%	12%	14%	16%	57%