	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£12,296	£12,346	£12,387	£12,429	£12,471	£61,929
Profit Before Tax	£-12,296	£-12,346	£-12,387	£-12,429	£-12,471	£-61,929
Profit After Tax	£-12,296	£-12,346	£-12,387	£-12,429	£-12,471	£-61,929
Change In Property Value	£9,600	£16,480	£20,765	£22,011	£19,443	£88,298
Net Return	£-2,696	£4,134	£8,378	£9,582	£6,971	£26,369
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-36%
Total Net Return (%)	-2%	2%	5%	6%	4%	15%