	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£38,786	£38,798	£38,809	£38,820	£38,830	£194,043
Profit Before Tax	£-38,786	£-38,798	£-38,809	£-38,820	£-38,830	£-194,043
Profit After Tax	£-38,786	£-38,798	£-38,809	£-38,820	£-38,830	£-194,043
Change In Property Value	£19,300	£19,686	£40,159	£52,207	£60,299	£191,652
Net Return	£-19,486	£-19,112	£1,351	£13,388	£21,469	£-2,391
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-29%
Total Net Return (%)	-3%	-3%	0%	2%	3%	0%