	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£32,675	£32,688	£32,698	£32,708	£32,719	£163,487
Profit Before Tax	£-32,675	£-32,688	£-32,698	£-32,708	£-32,719	£-163,487
Profit After Tax	£-32,675	£-32,688	£-32,698	£-32,708	£-32,719	£-163,487
Change In Property Value	£30,000	£51,500	£64,890	£68,783	£60,759	£275,932
Net Return	£-2,675	£18,813	£32,192	£36,075	£28,040	£112,445
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-23%
Total Net Return (%)	0%	3%	5%	5%	4%	16%