	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£12,083	£12,096	£12,106	£12,116	£12,127	£60,527
Profit Before Tax	£-12,083	£-12,096	£-12,106	£-12,116	£-12,127	£-60,527
Profit After Tax	£-12,083	£-12,096	£-12,106	£-12,116	£-12,127	£-60,527
Change In Property Value	£10,800	£18,540	£23,360	£24,762	£21,873	£99,336
Net Return	£-1,283	£6,445	£11,255	£12,646	£9,746	£38,808
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	-1%	3%	6%	6%	5%	19%