| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 18,277 |
| Less: real estate tax abatements | (1,755) |
| Special assessment - abatement | 1,684 |
| Commercial rent | 1,929 |
| TOTAL RENTAL INCOME | 20,135 |
| OTHER INCOME | |
| Interest income | 75 |
| Laundry | 101 |
| Storage | 148 |
| Late charges | 53 |
| Transfer and sublet fees | 880 |
| Miscellaneous income | 42 |
| TOTAL OTHER INCOME | 1,299 |
| TOTAL INCOME | 21,434 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,093 |
| Operating expenses | 7,520 |
| Maintenance expenses | 3,329 |
| Taxes and insurance | 9,927 |
| Financial expenses | 1,409 |
| TOTAL COST OF OPERATIONS | 23,279 |
| Income or (Loss) Before Depreciation and Special item | (1,844) |
| Depreciation and amortization | (1,269) |
| NET INCOME OR (LOSS) | (3,113) |