	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£15,834	£15,884	£15,925	£15,966	£16,009	£79,618
Profit Before Tax	£-15,834	£-15,884	£-15,925	£-15,966	£-16,009	£-79,618
Profit After Tax	£-15,834	£-15,884	£-15,925	£-15,966	£-16,009	£-79,618
Change In Property Value	£12,899	£22,142	£27,899	£29,573	£26,123	£118,637
Net Return	£-2,935	£6,259	£11,975	£13,607	£10,114	£39,019
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-31%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%