	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£25,166	£25,216	£25,257	£25,299	£25,341	£126,279
Profit Before Tax	£-25,166	£-25,216	£-25,257	£-25,299	£-25,341	£-126,279
Profit After Tax	£-25,166	£-25,216	£-25,257	£-25,299	£-25,341	£-126,279
Change In Property Value	£21,600	£37,080	£46,721	£49,524	£43,746	£198,671
Net Return	£-3,566	£11,864	£21,464	£24,225	£18,405	£72,392
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-27%
Total Net Return (%)	-1%	3%	5%	5%	4%	15%