| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 15,111 |
| Less: real estate tax abatements | (1,451) |
| Special assessment - abatement | 1,392 |
| Commercial rent | 1,595 |
| TOTAL RENTAL INCOME | 16,648 |
| OTHER INCOME | |
| Interest income | 62 |
| Laundry | 84 |
| Storage | 122 |
| Late charges | 43 |
| Transfer and sublet fees | 728 |
| Miscellaneous income | 35 |
| TOTAL OTHER INCOME | 1,074 |
| TOTAL INCOME | 17,722 |
| COST OF OPERATIONS | |
| Administrative expenses | 904 |
| Operating expenses | 6,218 |
| Maintenance expenses | 2,753 |
| Taxes and insurance | 8,208 |
| Financial expenses | 1,165 |
| TOTAL COST OF OPERATIONS | 19,247 |
| Income or (Loss) Before Depreciation and Special item | (1,525) |
| Depreciation and amortization | (1,049) |
| NET INCOME OR (LOSS) | (2,574) |