	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£51,594	£51,640	£51,683	£51,727	£51,769	£258,412
Profit Before Tax	£-51,594	£-51,640	£-51,683	£-51,727	£-51,769	£-258,412
Profit After Tax	£-51,594	£-51,640	£-51,683	£-51,727	£-51,769	£-258,412
Change In Property Value	£25,000	£25,500	£52,020	£67,626	£78,108	£248,254
Net Return	£-26,594	£-26,140	£337	£15,899	£26,339	£-10,158
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-28%
Total Net Return (%)	-3%	-3%	0%	2%	3%	-1%