| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 19,412 |
| Less: real estate tax abatements | (1,864) |
| Special assessment - abatement | 1,788 |
| Commercial rent | 2,049 |
| TOTAL RENTAL INCOME | 21,385 |
| OTHER INCOME | |
| Interest income | 80 |
| Laundry | 108 |
| Storage | 157 |
| Late charges | 56 |
| Transfer and sublet fees | 935 |
| Miscellaneous income | 45 |
| TOTAL OTHER INCOME | 1,380 |
| TOTAL INCOME | 22,765 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,161 |
| Operating expenses | 7,987 |
| Maintenance expenses | 3,536 |
| Taxes and insurance | 10,544 |
| Financial expenses | 1,496 |
| TOTAL COST OF OPERATIONS | 24,724 |
| Income or (Loss) Before Depreciation and Special item | (1,959) |
| Depreciation and amortization | (1,347) |
| NET INCOME OR (LOSS) | (3,306) |