| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 15,828 |
| Less: real estate tax abatements | (1,520) |
| Special assessment - abatement | 1,458 |
| Commercial rent | 1,671 |
| TOTAL RENTAL INCOME | 17,437 |
| OTHER INCOME | |
| Interest income | 65 |
| Laundry | 88 |
| Storage | 128 |
| Late charges | 46 |
| Transfer and sublet fees | 762 |
| Miscellaneous income | 37 |
| TOTAL OTHER INCOME | 1,125 |
| TOTAL INCOME | 18,562 |
| COST OF OPERATIONS | |
| Administrative expenses | 947 |
| Operating expenses | 6,513 |
| Maintenance expenses | 2,883 |
| Taxes and insurance | 8,597 |
| Financial expenses | 1,220 |
| TOTAL COST OF OPERATIONS | 20,159 |
| Income or (Loss) Before Depreciation and Special item | (1,597) |
| Depreciation and amortization | (1,099) |
| NET INCOME OR (LOSS) | (2,696) |