	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£32,589	£32,635	£32,678	£32,722	£32,765	£163,390
Profit Before Tax	£-32,589	£-32,635	£-32,678	£-32,722	£-32,765	£-163,390
Profit After Tax	£-32,589	£-32,635	£-32,678	£-32,722	£-32,765	£-163,390
Change In Property Value	£15,420	£15,728	£32,086	£41,712	£48,177	£153,123
Net Return	£-17,169	£-16,907	£-592	£8,989	£15,412	£-10,267
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	-3%	-3%	0%	2%	3%	-2%