| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 19,352 |
| Less: real estate tax abatements | (1,858) |
| Special assessment - abatement | 1,783 |
| Commercial rent | 2,043 |
| TOTAL RENTAL INCOME | 21,319 |
| OTHER INCOME | |
| Interest income | 80 |
| Laundry | 107 |
| Storage | 156 |
| Late charges | 56 |
| Transfer and sublet fees | 932 |
| Miscellaneous income | 45 |
| TOTAL OTHER INCOME | 1,376 |
| TOTAL INCOME | 22,695 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,157 |
| Operating expenses | 7,963 |
| Maintenance expenses | 3,525 |
| Taxes and insurance | 10,511 |
| Financial expenses | 1,492 |
| TOTAL COST OF OPERATIONS | 24,648 |
| Income or (Loss) Before Depreciation and Special item | (1,953) |
| Depreciation and amortization | (1,343) |
| NET INCOME OR (LOSS) | (3,296) |