| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 27,893 |
| Less: real estate tax abatements | (2,679) |
| Special assessment - abatement | 2,570 |
| Commercial rent | 2,944 |
| TOTAL RENTAL INCOME | 30,729 |
| OTHER INCOME | |
| Interest income | 115 |
| Laundry | 155 |
| Storage | 225 |
| Late charges | 80 |
| Transfer and sublet fees | 1,344 |
| Miscellaneous income | 64 |
| TOTAL OTHER INCOME | 1,983 |
| TOTAL INCOME | 32,712 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,668 |
| Operating expenses | 11,477 |
| Maintenance expenses | 5,081 |
| Taxes and insurance | 15,150 |
| Financial expenses | 2,150 |
| TOTAL COST OF OPERATIONS | 35,526 |
| Income or (Loss) Before Depreciation and Special item | (2,815) |
| Depreciation and amortization | (1,936) |
| NET INCOME OR (LOSS) | (4,751) |