	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£0	£0	£0	£0	£0	£0
Total Expenses	£21,401	£21,447	£21,490	£21,534	£21,577	£107,449
Profit Before Tax	£-21,401	£-21,447	£-21,490	£-21,534	£-21,577	£-107,449
Profit After Tax	£-21,401	£-21,447	£-21,490	£-21,534	£-21,577	£-107,449
Change In Property Value	£9,780	£9,976	£20,350	£26,455	£30,556	£97,117
Net Return	£-11,621	£-11,471	£-1,140	£4,921	£8,979	£-10,332
Return From Rental Income (%)	-7%	-7%	-7%	-7%	-7%	-36%
Total Net Return (%)	-4%	-4%	0%	2%	3%	-3%