	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£32,240	£32,252	£32,262	£32,273	£32,284	£161,311
Profit Before Tax	£-32,240	£-32,252	£-32,262	£-32,273	£-32,284	£-161,311
Profit After Tax	£-32,240	£-32,252	£-32,262	£-32,273	£-32,284	£-161,311
Change In Property Value	£16,000	£16,320	£33,293	£43,281	£49,989	£158,883
Net Return	£-16,240	£-15,932	£1,031	£11,007	£17,705	£-2,428
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-30%
Total Net Return (%)	-3%	-3%	0%	2%	3%	0%