	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£11,492	£11,542	£11,583	£11,624	£11,667	£57,907
Profit Before Tax	£-11,492	£-11,542	£-11,583	£-11,624	£-11,667	£-57,907
Profit After Tax	£-11,492	£-11,542	£-11,583	£-11,624	£-11,667	£-57,907
Change In Property Value	£8,850	£15,193	£19,143	£20,291	£17,924	£81,400
Net Return	£-2,642	£3,651	£7,560	£8,667	£6,257	£23,493
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-37%
Total Net Return (%)	-2%	2%	5%	6%	4%	15%