	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£48,763	£48,775	£48,785	£48,796	£48,806	£243,925
Profit Before Tax	£-48,763	£-48,775	£-48,785	£-48,796	£-48,806	£-243,925
Profit After Tax	£-48,763	£-48,775	£-48,785	£-48,796	£-48,806	£-243,925
Change In Property Value	£45,000	£77,250	£97,335	£103,175	£91,138	£413,898
Net Return	£-3,763	£28,475	£48,550	£54,379	£42,332	£169,973
Return From Rental Income (%)	-4%	-4%	-4%	-4%	-4%	-21%
Total Net Return (%)	0%	2%	4%	5%	4%	15%