	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£14,617	£14,663	£14,706	£14,749	£14,792	£73,527
Profit Before Tax	£-14,617	£-14,663	£-14,706	£-14,749	£-14,792	£-73,527
Profit After Tax	£-14,617	£-14,663	£-14,706	£-14,749	£-14,792	£-73,527
Change In Property Value	£6,360	£6,487	£13,234	£17,204	£19,871	£63,156
Net Return	£-8,257	£-8,175	£-1,472	£2,455	£5,079	£-10,371
Return From Rental Income (%)	-9%	-9%	-9%	-9%	-9%	-43%
Total Net Return (%)	-5%	-5%	-1%	1%	3%	-6%