	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£32,042	£32,053	£32,064	£32,075	£32,085	£160,319
Profit Before Tax	£-32,042	£-32,053	£-32,064	£-32,075	£-32,085	£-160,319
Profit After Tax	£-32,042	£-32,053	£-32,064	£-32,075	£-32,085	£-160,319
Change In Property Value	£15,900	£16,218	£33,085	£43,010	£49,677	£157,890
Net Return	£-16,142	£-15,835	£1,021	£10,935	£17,591	£-2,429
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	-3%	-3%	0%	2%	3%	0%