	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£24,040	£24,090	£24,131	£24,173	£24,215	£120,649
Profit Before Tax	£-24,040	£-24,090	£-24,131	£-24,173	£-24,215	£-120,649
Profit After Tax	£-24,040	£-24,090	£-24,131	£-24,173	£-24,215	£-120,649
Change In Property Value	£20,550	£35,278	£44,450	£47,117	£41,620	£189,013
Net Return	£-3,490	£11,188	£20,319	£22,944	£17,404	£68,365
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-27%
Total Net Return (%)	-1%	3%	5%	5%	4%	15%