| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 21,801 |
| Less: real estate tax abatements | (2,094) |
| Special assessment - abatement | 2,009 |
| Commercial rent | 2,301 |
| TOTAL RENTAL INCOME | 24,017 |
| OTHER INCOME | |
| Interest income | 90 |
| Laundry | 121 |
| Storage | 176 |
| Late charges | 63 |
| Transfer and sublet fees | 1,050 |
| Miscellaneous income | 50 |
| TOTAL OTHER INCOME | 1,550 |
| TOTAL INCOME | 25,567 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,304 |
| Operating expenses | 8,970 |
| Maintenance expenses | 3,971 |
| Taxes and insurance | 11,841 |
| Financial expenses | 1,680 |
| TOTAL COST OF OPERATIONS | 27,767 |
| Income or (Loss) Before Depreciation and Special item | (2,200) |
| Depreciation and amortization | (1,513) |
| NET INCOME OR (LOSS) | (3,713) |