| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 13,588 |
| Less: real estate tax abatements | (1,305) |
| Special assessment - abatement | 1,252 |
| Commercial rent | 1,434 |
| TOTAL RENTAL INCOME | 14,970 |
| OTHER INCOME | |
| Interest income | 56 |
| Laundry | 75 |
| Storage | 110 |
| Late charges | 39 |
| Transfer and sublet fees | 655 |
| Miscellaneous income | 31 |
| TOTAL OTHER INCOME | 966 |
| TOTAL INCOME | 15,936 |
| COST OF OPERATIONS | |
| Administrative expenses | 813 |
| Operating expenses | 5,591 |
| Maintenance expenses | 2,475 |
| Taxes and insurance | 7,381 |
| Financial expenses | 1,047 |
| TOTAL COST OF OPERATIONS | 17,307 |
| Income or (Loss) Before Depreciation and Special item | (1,371) |
| Depreciation and amortization | (943) |
| NET INCOME OR (LOSS) | (2,314) |