	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£22,990	£23,003	£23,013	£23,024	£23,034	£115,064
Profit Before Tax	£-22,990	£-23,003	£-23,013	£-23,024	£-23,034	£-115,064
Profit After Tax	£-22,990	£-23,003	£-23,013	£-23,024	£-23,034	£-115,064
Change In Property Value	£20,970	£35,999	£45,358	£48,080	£42,470	£192,877
Net Return	£-2,020	£12,996	£22,345	£25,056	£19,436	£77,813
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	0%	3%	5%	5%	4%	17%