| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 19,591 |
| Less: real estate tax abatements | (1,881) |
| Special assessment - abatement | 1,805 |
| Commercial rent | 2,068 |
| TOTAL RENTAL INCOME | 21,583 |
| OTHER INCOME | |
| Interest income | 80 |
| Laundry | 109 |
| Storage | 158 |
| Late charges | 56 |
| Transfer and sublet fees | 944 |
| Miscellaneous income | 45 |
| TOTAL OTHER INCOME | 1,393 |
| TOTAL INCOME | 22,975 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,172 |
| Operating expenses | 8,061 |
| Maintenance expenses | 3,569 |
| Taxes and insurance | 10,641 |
| Financial expenses | 1,510 |
| TOTAL COST OF OPERATIONS | 24,952 |
| Income or (Loss) Before Depreciation and Special item | (1,977) |
| Depreciation and amortization | (1,360) |
| NET INCOME OR (LOSS) | (3,337) |