	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£15,353	£15,403	£15,444	£15,485	£15,528	£77,212
Profit Before Tax	£-15,353	£-15,403	£-15,444	£-15,485	£-15,528	£-77,212
Profit After Tax	£-15,353	£-15,403	£-15,444	£-15,485	£-15,528	£-77,212
Change In Property Value	£12,450	£21,373	£26,929	£28,545	£25,215	£114,512
Net Return	£-2,903	£5,970	£11,486	£13,060	£9,687	£37,299
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%