	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£21,176	£21,226	£21,267	£21,309	£21,352	£106,330
Profit Before Tax	£-21,176	£-21,226	£-21,267	£-21,309	£-21,352	£-106,330
Profit After Tax	£-21,176	£-21,226	£-21,267	£-21,309	£-21,352	£-106,330
Change In Property Value	£17,880	£30,694	£38,674	£40,995	£36,212	£164,454
Net Return	£-3,296	£9,468	£17,407	£19,686	£14,860	£58,124
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-28%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%