| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 19,890 |
| Less: real estate tax abatements | (1,910) |
| Special assessment - abatement | 1,832 |
| Commercial rent | 2,100 |
| TOTAL RENTAL INCOME | 21,912 |
| OTHER INCOME | |
| Interest income | 82 |
| Laundry | 110 |
| Storage | 161 |
| Late charges | 57 |
| Transfer and sublet fees | 958 |
| Miscellaneous income | 46 |
| TOTAL OTHER INCOME | 1,414 |
| TOTAL INCOME | 23,326 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,190 |
| Operating expenses | 8,184 |
| Maintenance expenses | 3,623 |
| Taxes and insurance | 10,803 |
| Financial expenses | 1,533 |
| TOTAL COST OF OPERATIONS | 25,332 |
| Income or (Loss) Before Depreciation and Special item | (2,007) |
| Depreciation and amortization | (1,381) |
| NET INCOME OR (LOSS) | (3,388) |