	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£23,827	£23,839	£23,850	£23,860	£23,871	£119,247
Profit Before Tax	£-23,827	£-23,839	£-23,850	£-23,860	£-23,871	£-119,247
Profit After Tax	£-23,827	£-23,839	£-23,850	£-23,860	£-23,871	£-119,247
Change In Property Value	£21,750	£37,338	£47,045	£49,868	£44,050	£200,051
Net Return	£-2,077	£13,498	£23,196	£26,008	£20,179	£80,804
Return From Rental Income (%)	-5%	-5%	-5%	-5%	-5%	-25%
Total Net Return (%)	0%	3%	5%	5%	4%	17%