	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£11,760	£11,806	£11,849	£11,893	£11,935	£59,243
Profit Before Tax	£-11,760	£-11,806	£-11,849	£-11,893	£-11,935	£-59,243
Profit After Tax	£-11,760	£-11,806	£-11,849	£-11,893	£-11,935	£-59,243
Change In Property Value	£4,920	£5,018	£10,237	£13,309	£15,371	£48,855
Net Return	£-6,840	£-6,788	£-1,611	£1,416	£3,436	£-10,387
Return From Rental Income (%)	-10%	-10%	-10%	-10%	-10%	-48%
Total Net Return (%)	-6%	-6%	-1%	1%	3%	-8%