	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£12,457	£12,507	£12,548	£12,590	£12,632	£62,734
Profit Before Tax	£-12,457	£-12,507	£-12,548	£-12,590	£-12,632	£-62,734
Profit After Tax	£-12,457	£-12,507	£-12,548	£-12,590	£-12,632	£-62,734
Change In Property Value	£9,750	£16,738	£21,089	£22,355	£19,747	£89,678
Net Return	£-2,707	£4,231	£8,541	£9,765	£7,114	£26,944
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-36%
Total Net Return (%)	-2%	2%	5%	6%	4%	15%