	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£14,066	£14,116	£14,157	£14,198	£14,241	£70,777
Profit Before Tax	£-14,066	£-14,116	£-14,157	£-14,198	£-14,241	£-70,777
Profit After Tax	£-14,066	£-14,116	£-14,157	£-14,198	£-14,241	£-70,777
Change In Property Value	£11,250	£19,313	£24,334	£25,794	£22,785	£103,475
Net Return	£-2,816	£5,197	£10,177	£11,595	£8,543	£32,697
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-33%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%