	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£32,153	£32,199	£32,242	£32,286	£32,328	£161,208
Profit Before Tax	£-32,153	£-32,199	£-32,242	£-32,286	£-32,328	£-161,208
Profit After Tax	£-32,153	£-32,199	£-32,242	£-32,286	£-32,328	£-161,208
Change In Property Value	£15,200	£15,504	£31,628	£41,117	£47,490	£150,938
Net Return	£-16,953	£-16,695	£-614	£8,831	£15,161	£-10,270
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	-3%	-3%	0%	2%	3%	-2%