| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 15,530 |
| Less: real estate tax abatements | (1,491) |
| Special assessment - abatement | 1,431 |
| Commercial rent | 1,639 |
| TOTAL RENTAL INCOME | 17,108 |
| OTHER INCOME | |
| Interest income | 64 |
| Laundry | 86 |
| Storage | 125 |
| Late charges | 45 |
| Transfer and sublet fees | 748 |
| Miscellaneous income | 36 |
| TOTAL OTHER INCOME | 1,104 |
| TOTAL INCOME | 18,212 |
| COST OF OPERATIONS | |
| Administrative expenses | 929 |
| Operating expenses | 6,390 |
| Maintenance expenses | 2,829 |
| Taxes and insurance | 8,435 |
| Financial expenses | 1,197 |
| TOTAL COST OF OPERATIONS | 19,779 |
| Income or (Loss) Before Depreciation and Special item | (1,567) |
| Depreciation and amortization | (1,078) |
| NET INCOME OR (LOSS) | (2,645) |