	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£14,822	£14,872	£14,913	£14,955	£14,997	£74,558
Profit Before Tax	£-14,822	£-14,872	£-14,913	£-14,955	£-14,997	£-74,558
Profit After Tax	£-14,822	£-14,872	£-14,913	£-14,955	£-14,997	£-74,558
Change In Property Value	£11,955	£20,523	£25,859	£27,410	£24,212	£109,959
Net Return	£-2,867	£5,651	£10,946	£12,456	£9,215	£35,401
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-7%	-32%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%