| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 18,934 |
| Less: real estate tax abatements | (1,818) |
| Special assessment - abatement | 1,744 |
| Commercial rent | 1,999 |
| TOTAL RENTAL INCOME | 20,859 |
| OTHER INCOME | |
| Interest income | 78 |
| Laundry | 105 |
| Storage | 153 |
| Late charges | 54 |
| Transfer and sublet fees | 912 |
| Miscellaneous income | 44 |
| TOTAL OTHER INCOME | 1,346 |
| TOTAL INCOME | 22,205 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,132 |
| Operating expenses | 7,790 |
| Maintenance expenses | 3,449 |
| Taxes and insurance | 10,284 |
| Financial expenses | 1,459 |
| TOTAL COST OF OPERATIONS | 24,115 |
| Income or (Loss) Before Depreciation and Special item | (1,911) |
| Depreciation and amortization | (1,314) |
| NET INCOME OR (LOSS) | (3,225) |