	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£26,400	£26,446	£26,489	£26,533	£26,576	£132,444
Profit Before Tax	£-26,400	£-26,446	£-26,489	£-26,533	£-26,576	£-132,444
Profit After Tax	£-26,400	£-26,446	£-26,489	£-26,533	£-26,576	£-132,444
Change In Property Value	£12,300	£12,546	£25,594	£33,272	£38,429	£122,141
Net Return	£-14,100	£-13,900	£-895	£6,739	£11,854	£-10,303
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-34%
Total Net Return (%)	-4%	-4%	0%	2%	3%	-3%