	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£22,109	£22,159	£22,200	£22,242	£22,285	£110,996
Profit Before Tax	£-22,109	£-22,159	£-22,200	£-22,242	£-22,285	£-110,996
Profit After Tax	£-22,109	£-22,159	£-22,200	£-22,242	£-22,285	£-110,996
Change In Property Value	£18,750	£32,188	£40,556	£42,990	£37,974	£172,458
Net Return	£-3,359	£10,028	£18,356	£20,747	£15,689	£61,461
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-28%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%