	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£26,202	£26,248	£26,291	£26,335	£26,377	£131,452
Profit Before Tax	£-26,202	£-26,248	£-26,291	£-26,335	£-26,377	£-131,452
Profit After Tax	£-26,202	£-26,248	£-26,291	£-26,335	£-26,377	£-131,452
Change In Property Value	£12,200	£12,444	£25,386	£33,001	£38,117	£121,148
Net Return	£-14,002	£-13,804	£-905	£6,667	£11,739	£-10,304
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-34%
Total Net Return (%)	-4%	-4%	0%	2%	3%	-3%