	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£15,031	£15,081	£15,122	£15,164	£15,206	£75,604
Profit Before Tax	£-15,031	£-15,081	£-15,122	£-15,164	£-15,206	£-75,604
Profit After Tax	£-15,031	£-15,081	£-15,122	£-15,164	£-15,206	£-75,604
Change In Property Value	£12,150	£20,858	£26,280	£27,857	£24,607	£111,752
Net Return	£-2,881	£5,777	£11,159	£12,694	£9,401	£36,149
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%