| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 19,292 |
| Less: real estate tax abatements | (1,853) |
| Special assessment - abatement | 1,777 |
| Commercial rent | 2,036 |
| TOTAL RENTAL INCOME | 21,254 |
| OTHER INCOME | |
| Interest income | 79 |
| Laundry | 107 |
| Storage | 156 |
| Late charges | 55 |
| Transfer and sublet fees | 929 |
| Miscellaneous income | 45 |
| TOTAL OTHER INCOME | 1,371 |
| TOTAL INCOME | 22,625 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,154 |
| Operating expenses | 7,938 |
| Maintenance expenses | 3,514 |
| Taxes and insurance | 10,479 |
| Financial expenses | 1,487 |
| TOTAL COST OF OPERATIONS | 24,572 |
| Income or (Loss) Before Depreciation and Special item | (1,947) |
| Depreciation and amortization | (1,339) |
| NET INCOME OR (LOSS) | (3,286) |