| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 19,531 |
| Less: real estate tax abatements | (1,876) |
| Special assessment - abatement | 1,799 |
| Commercial rent | 2,062 |
| TOTAL RENTAL INCOME | 21,517 |
| OTHER INCOME | |
| Interest income | 80 |
| Laundry | 108 |
| Storage | 158 |
| Late charges | 56 |
| Transfer and sublet fees | 941 |
| Miscellaneous income | 45 |
| TOTAL OTHER INCOME | 1,388 |
| TOTAL INCOME | 22,905 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,168 |
| Operating expenses | 8,036 |
| Maintenance expenses | 3,558 |
| Taxes and insurance | 10,608 |
| Financial expenses | 1,506 |
| TOTAL COST OF OPERATIONS | 24,876 |
| Income or (Loss) Before Depreciation and Special item | (1,971) |
| Depreciation and amortization | (1,356) |
| NET INCOME OR (LOSS) | (3,327) |