| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 19,770 |
| Less: real estate tax abatements | (1,899) |
| Special assessment - abatement | 1,821 |
| Commercial rent | 2,087 |
| TOTAL RENTAL INCOME | 21,780 |
| OTHER INCOME | |
| Interest income | 81 |
| Laundry | 110 |
| Storage | 160 |
| Late charges | 57 |
| Transfer and sublet fees | 952 |
| Miscellaneous income | 46 |
| TOTAL OTHER INCOME | 1,405 |
| TOTAL INCOME | 23,185 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,182 |
| Operating expenses | 8,135 |
| Maintenance expenses | 3,601 |
| Taxes and insurance | 10,738 |
| Financial expenses | 1,524 |
| TOTAL COST OF OPERATIONS | 25,180 |
| Income or (Loss) Before Depreciation and Special item | (1,995) |
| Depreciation and amortization | (1,372) |
| NET INCOME OR (LOSS) | (3,367) |