	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£11,331	£11,381	£11,422	£11,464	£11,506	£57,103
Profit Before Tax	£-11,331	£-11,381	£-11,422	£-11,464	£-11,506	£-57,103
Profit After Tax	£-11,331	£-11,381	£-11,422	£-11,464	£-11,506	£-57,103
Change In Property Value	£8,700	£14,935	£18,818	£19,947	£17,620	£80,020
Net Return	£-2,631	£3,554	£7,396	£8,484	£6,114	£22,917
Return From Rental Income (%)	-7%	-7%	-7%	-8%	-8%	-37%
Total Net Return (%)	-2%	2%	5%	6%	4%	15%