| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 16,605 |
| Less: real estate tax abatements | (1,595) |
| Special assessment - abatement | 1,530 |
| Commercial rent | 1,753 |
| TOTAL RENTAL INCOME | 18,293 |
| OTHER INCOME | |
| Interest income | 68 |
| Laundry | 92 |
| Storage | 134 |
| Late charges | 48 |
| Transfer and sublet fees | 800 |
| Miscellaneous income | 38 |
| TOTAL OTHER INCOME | 1,180 |
| TOTAL INCOME | 19,473 |
| COST OF OPERATIONS | |
| Administrative expenses | 993 |
| Operating expenses | 6,832 |
| Maintenance expenses | 3,025 |
| Taxes and insurance | 9,019 |
| Financial expenses | 1,280 |
| TOTAL COST OF OPERATIONS | 21,148 |
| Income or (Loss) Before Depreciation and Special item | (1,676) |
| Depreciation and amortization | (1,153) |
| NET INCOME OR (LOSS) | (2,828) |