| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 26,340 |
| Less: real estate tax abatements | (2,530) |
| Special assessment - abatement | 2,427 |
| Commercial rent | 2,780 |
| TOTAL RENTAL INCOME | 29,018 |
| OTHER INCOME | |
| Interest income | 108 |
| Laundry | 146 |
| Storage | 213 |
| Late charges | 76 |
| Transfer and sublet fees | 1,269 |
| Miscellaneous income | 61 |
| TOTAL OTHER INCOME | 1,872 |
| TOTAL INCOME | 30,891 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,575 |
| Operating expenses | 10,838 |
| Maintenance expenses | 4,798 |
| Taxes and insurance | 14,307 |
| Financial expenses | 2,030 |
| TOTAL COST OF OPERATIONS | 33,548 |
| Income or (Loss) Before Depreciation and Special item | (2,658) |
| Depreciation and amortization | (1,828) |
| NET INCOME OR (LOSS) | (4,486) |