	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£14,495	£14,507	£14,517	£14,528	£14,538	£72,585
Profit Before Tax	£-14,495	£-14,507	£-14,517	£-14,528	£-14,538	£-72,585
Profit After Tax	£-14,495	£-14,507	£-14,517	£-14,528	£-14,538	£-72,585
Change In Property Value	£13,049	£22,400	£28,224	£29,917	£26,427	£120,017
Net Return	£-1,446	£7,893	£13,707	£15,390	£11,889	£47,432
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-28%
Total Net Return (%)	-1%	3%	5%	6%	5%	18%