	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£12,710	£12,756	£12,799	£12,843	£12,886	£63,995
Profit Before Tax	£-12,710	£-12,756	£-12,799	£-12,843	£-12,886	£-63,995
Profit After Tax	£-12,710	£-12,756	£-12,799	£-12,843	£-12,886	£-63,995
Change In Property Value	£5,399	£5,507	£11,234	£14,605	£16,868	£53,613
Net Return	£-7,311	£-7,249	£-1,565	£1,761	£3,982	£-10,382
Return From Rental Income (%)	-9%	-9%	-9%	-9%	-9%	-46%
Total Net Return (%)	-5%	-5%	-1%	1%	3%	-7%