	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£23,396	£23,446	£23,487	£23,529	£23,572	£117,431
Profit Before Tax	£-23,396	£-23,446	£-23,487	£-23,529	£-23,572	£-117,431
Profit After Tax	£-23,396	£-23,446	£-23,487	£-23,529	£-23,572	£-117,431
Change In Property Value	£19,950	£34,248	£43,152	£45,741	£40,405	£183,495
Net Return	£-3,446	£10,801	£19,664	£22,212	£16,833	£66,064
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-27%
Total Net Return (%)	-1%	3%	5%	5%	4%	15%