	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£24,000	£24,360	£24,969	£25,593	£26,361	£125,283
Total Expenses	£22,738	£22,785	£22,857	£22,930	£23,017	£114,327
Profit Before Tax	£1,263	£1,575	£2,112	£2,663	£3,344	£10,957
Profit After Tax	£1,023	£1,276	£1,711	£2,157	£2,708	£8,875
Change In Property Value	£5	£5	£10,000	£17,850	£23,754	£51,614
Net Return	£1,028	£1,281	£11,711	£20,008	£26,462	£60,489
Return From Rental Income (%)	1%	1%	1%	1%	2%	5%
Total Net Return (%)	1%	1%	7%	12%	16%	37%