	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£19,375	£19,425	£19,466	£19,507	£19,550	£97,322
Profit Before Tax	£-19,375	£-19,425	£-19,466	£-19,507	£-19,550	£-97,322
Profit After Tax	£-19,375	£-19,425	£-19,466	£-19,507	£-19,550	£-97,322
Change In Property Value	£16,200	£27,810	£35,041	£37,143	£32,810	£149,003
Net Return	£-3,175	£8,386	£15,575	£17,636	£13,260	£51,682
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-29%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%