	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£27,188	£27,234	£27,276	£27,320	£27,363	£136,381
Profit Before Tax	£-27,188	£-27,234	£-27,276	£-27,320	£-27,363	£-136,381
Profit After Tax	£-27,188	£-27,234	£-27,276	£-27,320	£-27,363	£-136,381
Change In Property Value	£12,697	£12,951	£26,420	£34,346	£39,669	£126,082
Net Return	£-14,491	£-14,283	£-857	£7,025	£12,306	£-10,298
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-33%
Total Net Return (%)	-4%	-3%	0%	2%	3%	-3%