COMPARATIVE STATEMENT OF OPERATIONS |
|
INCOME |
|
RENTAL INCOME |
|
Maintenance charges |
18,635 |
Less: real estate tax abatements |
(1,790) |
Special assessment - abatement |
1,717 |
Commercial rent |
1,967 |
TOTAL RENTAL INCOME |
20,530 |
OTHER INCOME |
|
Interest income |
77 |
Laundry |
103 |
Storage |
150 |
Late charges |
54 |
Transfer and sublet fees |
898 |
Miscellaneous income |
43 |
TOTAL OTHER INCOME |
1,325 |
TOTAL INCOME |
21,855 |
COST OF OPERATIONS |
|
Administrative expenses |
1,114 |
Operating expenses |
7,668 |
Maintenance expenses |
3,395 |
Taxes and insurance |
10,122 |
Financial expenses |
1,436 |
TOTAL COST OF OPERATIONS |
23,735 |
Income or (Loss) Before Depreciation and Special item |
(1,880) |
Depreciation and amortization |
(1,294) |
NET INCOME OR (LOSS) |
(3,174) |