	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£16,479	£16,529	£16,570	£16,612	£16,654	£82,843
Profit Before Tax	£-16,479	£-16,529	£-16,570	£-16,612	£-16,654	£-82,843
Profit After Tax	£-16,479	£-16,529	£-16,570	£-16,612	£-16,654	£-82,843
Change In Property Value	£13,500	£23,175	£29,201	£30,953	£27,341	£124,169
Net Return	£-2,979	£6,646	£12,631	£14,341	£10,687	£41,326
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-31%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%