	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£31,553	£31,599	£31,642	£31,686	£31,729	£158,210
Profit Before Tax	£-31,553	£-31,599	£-31,642	£-31,686	£-31,729	£-158,210
Profit After Tax	£-31,553	£-31,599	£-31,642	£-31,686	£-31,729	£-158,210
Change In Property Value	£14,898	£15,196	£30,999	£40,299	£46,545	£147,937
Net Return	£-16,656	£-16,404	£-643	£8,613	£14,816	£-10,273
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	-3%	-3%	0%	2%	3%	-2%