	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£20,687	£20,733	£20,776	£20,820	£20,862	£103,878
Profit Before Tax	£-20,687	£-20,733	£-20,776	£-20,820	£-20,862	£-103,878
Profit After Tax	£-20,687	£-20,733	£-20,776	£-20,820	£-20,862	£-103,878
Change In Property Value	£9,420	£9,608	£19,601	£25,481	£29,431	£93,542
Net Return	£-11,267	£-11,125	£-1,175	£4,662	£8,569	£-10,336
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-36%
Total Net Return (%)	-4%	-4%	0%	2%	3%	-4%