	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£15,190	£15,240	£15,281	£15,323	£15,366	£76,400
Profit Before Tax	£-15,190	£-15,240	£-15,281	£-15,323	£-15,366	£-76,400
Profit After Tax	£-15,190	£-15,240	£-15,281	£-15,323	£-15,366	£-76,400
Change In Property Value	£12,299	£21,112	£26,602	£28,198	£24,908	£113,118
Net Return	£-2,892	£5,872	£11,321	£12,875	£9,542	£36,718
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%