	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£31,215	£31,265	£31,306	£31,348	£31,390	£156,524
Profit Before Tax	£-31,215	£-31,265	£-31,306	£-31,348	£-31,390	£-156,524
Profit After Tax	£-31,215	£-31,265	£-31,306	£-31,348	£-31,390	£-156,524
Change In Property Value	£27,240	£46,762	£58,920	£62,455	£55,169	£250,546
Net Return	£-3,975	£15,497	£27,614	£31,108	£23,778	£94,023
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	-1%	2%	4%	5%	4%	15%