	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£14,387	£14,437	£14,478	£14,520	£14,563	£72,386
Profit Before Tax	£-14,387	£-14,437	£-14,478	£-14,520	£-14,563	£-72,386
Profit After Tax	£-14,387	£-14,437	£-14,478	£-14,520	£-14,563	£-72,386
Change In Property Value	£11,550	£19,828	£24,983	£26,482	£23,392	£106,234
Net Return	£-2,837	£5,390	£10,504	£11,961	£8,829	£33,848
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-33%
Total Net Return (%)	-1%	2%	5%	5%	4%	15%