COMPARATIVE STATEMENT OF OPERATIONS |
|
INCOME |
|
RENTAL INCOME |
|
Maintenance charges |
11,707 |
Less: real estate tax abatements |
(1,124) |
Special assessment - abatement |
1,079 |
Commercial rent |
1,236 |
TOTAL RENTAL INCOME |
12,897 |
OTHER INCOME |
|
Interest income |
48 |
Laundry |
65 |
Storage |
95 |
Late charges |
34 |
Transfer and sublet fees |
564 |
Miscellaneous income |
27 |
TOTAL OTHER INCOME |
832 |
TOTAL INCOME |
13,729 |
COST OF OPERATIONS |
|
Administrative expenses |
700 |
Operating expenses |
4,817 |
Maintenance expenses |
2,132 |
Taxes and insurance |
6,359 |
Financial expenses |
902 |
TOTAL COST OF OPERATIONS |
14,910 |
Income or (Loss) Before Depreciation and Special item |
(1,181) |
Depreciation and amortization |
(813) |
NET INCOME OR (LOSS) |
(1,994) |