	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£14,696	£14,742	£14,785	£14,829	£14,871	£73,923
Profit Before Tax	£-14,696	£-14,742	£-14,785	£-14,829	£-14,871	£-73,923
Profit After Tax	£-14,696	£-14,742	£-14,785	£-14,829	£-14,871	£-73,923
Change In Property Value	£6,400	£6,528	£13,317	£17,312	£19,996	£63,553
Net Return	£-8,296	£-8,214	£-1,468	£2,483	£5,124	£-10,370
Return From Rental Income (%)	-8%	-9%	-9%	-9%	-9%	-43%
Total Net Return (%)	-5%	-5%	-1%	1%	3%	-6%