	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£14,580	£14,630	£14,671	£14,713	£14,756	£73,351
Profit Before Tax	£-14,580	£-14,630	£-14,671	£-14,713	£-14,756	£-73,351
Profit After Tax	£-14,580	£-14,630	£-14,671	£-14,713	£-14,756	£-73,351
Change In Property Value	£11,730	£20,137	£25,372	£26,894	£23,757	£107,889
Net Return	£-2,850	£5,506	£10,701	£12,181	£9,001	£34,538
Return From Rental Income (%)	-6%	-7%	-7%	-7%	-7%	-33%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%