	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£32,748	£32,794	£32,837	£32,881	£32,924	£164,184
Profit Before Tax	£-32,748	£-32,794	£-32,837	£-32,881	£-32,924	£-164,184
Profit After Tax	£-32,748	£-32,794	£-32,837	£-32,881	£-32,924	£-164,184
Change In Property Value	£15,500	£15,810	£32,252	£41,928	£48,427	£153,917
Net Return	£-17,248	£-16,984	£-585	£9,047	£15,503	£-10,266
Return From Rental Income (%)	-6%	-6%	-6%	-6%	-6%	-32%
Total Net Return (%)	-3%	-3%	0%	2%	3%	-2%