	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£26,131	£26,181	£26,222	£26,264	£26,307	£131,106
Profit Before Tax	£-26,131	£-26,181	£-26,222	£-26,264	£-26,307	£-131,106
Profit After Tax	£-26,131	£-26,181	£-26,222	£-26,264	£-26,307	£-131,106
Change In Property Value	£22,500	£38,625	£48,668	£51,588	£45,569	£206,949
Net Return	£-3,631	£12,444	£22,445	£25,323	£19,262	£75,843
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-26%
Total Net Return (%)	-1%	3%	5%	5%	4%	15%