	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£12,006	£12,017	£12,028	£12,039	£12,050	£60,140
Profit Before Tax	£-12,006	£-12,017	£-12,028	£-12,039	£-12,050	£-60,140
Profit After Tax	£-12,006	£-12,017	£-12,028	£-12,039	£-12,050	£-60,140
Change In Property Value	£5,800	£5,916	£12,069	£15,689	£18,121	£57,595
Net Return	£-6,206	£-6,101	£41	£3,650	£6,071	£-2,545
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-39%
Total Net Return (%)	-4%	-4%	0%	2%	4%	-2%