	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£26,099	£26,149	£26,190	£26,232	£26,275	£130,945
Profit Before Tax	£-26,099	£-26,149	£-26,190	£-26,232	£-26,275	£-130,945
Profit After Tax	£-26,099	£-26,149	£-26,190	£-26,232	£-26,275	£-130,945
Change In Property Value	£22,470	£38,574	£48,603	£51,519	£45,508	£206,673
Net Return	£-3,629	£12,424	£22,413	£25,287	£19,234	£75,728
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	-1%	3%	5%	5%	4%	15%