| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 16,187 |
| Less: real estate tax abatements | (1,554) |
| Special assessment - abatement | 1,491 |
| Commercial rent | 1,709 |
| TOTAL RENTAL INCOME | 17,832 |
| OTHER INCOME | |
| Interest income | 67 |
| Laundry | 90 |
| Storage | 131 |
| Late charges | 47 |
| Transfer and sublet fees | 780 |
| Miscellaneous income | 37 |
| TOTAL OTHER INCOME | 1,151 |
| TOTAL INCOME | 18,983 |
| COST OF OPERATIONS | |
| Administrative expenses | 968 |
| Operating expenses | 6,660 |
| Maintenance expenses | 2,948 |
| Taxes and insurance | 8,792 |
| Financial expenses | 1,248 |
| TOTAL COST OF OPERATIONS | 20,616 |
| Income or (Loss) Before Depreciation and Special item | (1,633) |
| Depreciation and amortization | (1,124) |
| NET INCOME OR (LOSS) | (2,757) |