| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 18,994 |
| Less: real estate tax abatements | (1,824) |
| Special assessment - abatement | 1,750 |
| Commercial rent | 2,005 |
| TOTAL RENTAL INCOME | 20,925 |
| OTHER INCOME | |
| Interest income | 78 |
| Laundry | 105 |
| Storage | 153 |
| Late charges | 55 |
| Transfer and sublet fees | 915 |
| Miscellaneous income | 44 |
| TOTAL OTHER INCOME | 1,350 |
| TOTAL INCOME | 22,275 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,136 |
| Operating expenses | 7,815 |
| Maintenance expenses | 3,460 |
| Taxes and insurance | 10,317 |
| Financial expenses | 1,464 |
| TOTAL COST OF OPERATIONS | 24,191 |
| Income or (Loss) Before Depreciation and Special item | (1,917) |
| Depreciation and amortization | (1,318) |
| NET INCOME OR (LOSS) | (3,235) |