| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 28,909 |
| Less: real estate tax abatements | (2,776) |
| Special assessment - abatement | 2,663 |
| Commercial rent | 3,052 |
| TOTAL RENTAL INCOME | 31,848 |
| OTHER INCOME | |
| Interest income | 119 |
| Laundry | 160 |
| Storage | 233 |
| Late charges | 83 |
| Transfer and sublet fees | 1,393 |
| Miscellaneous income | 67 |
| TOTAL OTHER INCOME | 2,055 |
| TOTAL INCOME | 33,903 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,729 |
| Operating expenses | 11,895 |
| Maintenance expenses | 5,266 |
| Taxes and insurance | 15,702 |
| Financial expenses | 2,228 |
| TOTAL COST OF OPERATIONS | 36,820 |
| Income or (Loss) Before Depreciation and Special item | (2,917) |
| Depreciation and amortization | (2,007) |
| NET INCOME OR (LOSS) | (4,924) |