	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£15,093	£15,139	£15,182	£15,226	£15,268	£75,907
Profit Before Tax	£-15,093	£-15,139	£-15,182	£-15,226	£-15,268	£-75,907
Profit After Tax	£-15,093	£-15,139	£-15,182	£-15,226	£-15,268	£-75,907
Change In Property Value	£6,600	£6,732	£13,733	£17,853	£20,621	£65,539
Net Return	£-8,493	£-8,407	£-1,448	£2,628	£5,352	£-10,368
Return From Rental Income (%)	-8%	-8%	-8%	-8%	-8%	-42%
Total Net Return (%)	-5%	-5%	-1%	1%	3%	-6%