| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 20,607 |
| Less: real estate tax abatements | (1,979) |
| Special assessment - abatement | 1,899 |
| Commercial rent | 2,175 |
| TOTAL RENTAL INCOME | 22,701 |
| OTHER INCOME | |
| Interest income | 85 |
| Laundry | 114 |
| Storage | 166 |
| Late charges | 59 |
| Transfer and sublet fees | 993 |
| Miscellaneous income | 48 |
| TOTAL OTHER INCOME | 1,465 |
| TOTAL INCOME | 24,166 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,232 |
| Operating expenses | 8,479 |
| Maintenance expenses | 3,754 |
| Taxes and insurance | 11,192 |
| Financial expenses | 1,588 |
| TOTAL COST OF OPERATIONS | 26,245 |
| Income or (Loss) Before Depreciation and Special item | (2,079) |
| Depreciation and amortization | (1,430) |
| NET INCOME OR (LOSS) | (3,510) |