| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 15,052 |
| Less: real estate tax abatements | (1,445) |
| Special assessment - abatement | 1,387 |
| Commercial rent | 1,589 |
| TOTAL RENTAL INCOME | 16,582 |
| OTHER INCOME | |
| Interest income | 62 |
| Laundry | 83 |
| Storage | 122 |
| Late charges | 43 |
| Transfer and sublet fees | 725 |
| Miscellaneous income | 35 |
| TOTAL OTHER INCOME | 1,070 |
| TOTAL INCOME | 17,652 |
| COST OF OPERATIONS | |
| Administrative expenses | 900 |
| Operating expenses | 6,193 |
| Maintenance expenses | 2,742 |
| Taxes and insurance | 8,175 |
| Financial expenses | 1,160 |
| TOTAL COST OF OPERATIONS | 19,171 |
| Income or (Loss) Before Depreciation and Special item | (1,519) |
| Depreciation and amortization | (1,045) |
| NET INCOME OR (LOSS) | (2,564) |