| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 20,129 |
| Less: real estate tax abatements | (1,933) |
| Special assessment - abatement | 1,854 |
| Commercial rent | 2,125 |
| TOTAL RENTAL INCOME | 22,175 |
| OTHER INCOME | |
| Interest income | 83 |
| Laundry | 112 |
| Storage | 162 |
| Late charges | 58 |
| Transfer and sublet fees | 970 |
| Miscellaneous income | 47 |
| TOTAL OTHER INCOME | 1,431 |
| TOTAL INCOME | 23,606 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,204 |
| Operating expenses | 8,282 |
| Maintenance expenses | 3,667 |
| Taxes and insurance | 10,933 |
| Financial expenses | 1,552 |
| TOTAL COST OF OPERATIONS | 25,637 |
| Income or (Loss) Before Depreciation and Special item | (2,031) |
| Depreciation and amortization | (1,397) |
| NET INCOME OR (LOSS) | (3,428) |