	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£27,630	£27,676	£27,719	£27,763	£27,806	£138,594
Profit Before Tax	£-27,630	£-27,676	£-27,719	£-27,763	£-27,806	£-138,594
Profit After Tax	£-27,630	£-27,676	£-27,719	£-27,763	£-27,806	£-138,594
Change In Property Value	£12,920	£13,178	£26,884	£34,949	£40,366	£128,298
Net Return	£-14,710	£-14,498	£-835	£7,186	£12,561	£-10,296
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-33%
Total Net Return (%)	-4%	-3%	0%	2%	3%	-2%