	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£46,126	£46,138	£46,148	£46,159	£46,170	£230,742
Profit Before Tax	£-46,126	£-46,138	£-46,148	£-46,159	£-46,170	£-230,742
Profit After Tax	£-46,126	£-46,138	£-46,148	£-46,159	£-46,170	£-230,742
Change In Property Value	£23,000	£23,460	£47,858	£62,216	£71,859	£228,394
Net Return	£-23,126	£-22,678	£1,710	£16,056	£25,689	£-2,348
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-28%
Total Net Return (%)	-3%	-3%	0%	2%	3%	0%