	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£11,717	£11,767	£11,808	£11,850	£11,892	£59,033
Profit Before Tax	£-11,717	£-11,767	£-11,808	£-11,850	£-11,892	£-59,033
Profit After Tax	£-11,717	£-11,767	£-11,808	£-11,850	£-11,892	£-59,033
Change In Property Value	£9,060	£15,553	£19,596	£20,772	£18,349	£83,330
Net Return	£-2,657	£3,786	£7,789	£8,923	£6,457	£24,297
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-37%
Total Net Return (%)	-2%	2%	5%	6%	4%	15%