| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 25,982 |
| Less: real estate tax abatements | (2,495) |
| Special assessment - abatement | 2,394 |
| Commercial rent | 2,743 |
| TOTAL RENTAL INCOME | 28,623 |
| OTHER INCOME | |
| Interest income | 107 |
| Laundry | 144 |
| Storage | 210 |
| Late charges | 75 |
| Transfer and sublet fees | 1,252 |
| Miscellaneous income | 60 |
| TOTAL OTHER INCOME | 1,847 |
| TOTAL INCOME | 30,470 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,554 |
| Operating expenses | 10,690 |
| Maintenance expenses | 4,733 |
| Taxes and insurance | 14,112 |
| Financial expenses | 2,003 |
| TOTAL COST OF OPERATIONS | 33,092 |
| Income or (Loss) Before Depreciation and Special item | (2,622) |
| Depreciation and amortization | (1,804) |
| NET INCOME OR (LOSS) | (4,425) |