| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 10,871 |
| Less: real estate tax abatements | (1,044) |
| Special assessment - abatement | 1,002 |
| Commercial rent | 1,147 |
| TOTAL RENTAL INCOME | 11,976 |
| OTHER INCOME | |
| Interest income | 45 |
| Laundry | 60 |
| Storage | 88 |
| Late charges | 31 |
| Transfer and sublet fees | 524 |
| Miscellaneous income | 25 |
| TOTAL OTHER INCOME | 773 |
| TOTAL INCOME | 12,748 |
| COST OF OPERATIONS | |
| Administrative expenses | 650 |
| Operating expenses | 4,473 |
| Maintenance expenses | 1,980 |
| Taxes and insurance | 5,904 |
| Financial expenses | 838 |
| TOTAL COST OF OPERATIONS | 13,845 |
| Income or (Loss) Before Depreciation and Special item | (1,097) |
| Depreciation and amortization | (755) |
| NET INCOME OR (LOSS) | (1,852) |