| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 21,622 |
| Less: real estate tax abatements | (2,076) |
| Special assessment - abatement | 1,992 |
| Commercial rent | 2,282 |
| TOTAL RENTAL INCOME | 23,820 |
| OTHER INCOME | |
| Interest income | 89 |
| Laundry | 120 |
| Storage | 175 |
| Late charges | 62 |
| Transfer and sublet fees | 1,042 |
| Miscellaneous income | 50 |
| TOTAL OTHER INCOME | 1,537 |
| TOTAL INCOME | 25,357 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,293 |
| Operating expenses | 8,896 |
| Maintenance expenses | 3,939 |
| Taxes and insurance | 11,744 |
| Financial expenses | 1,667 |
| TOTAL COST OF OPERATIONS | 27,539 |
| Income or (Loss) Before Depreciation and Special item | (2,182) |
| Depreciation and amortization | (1,501) |
| NET INCOME OR (LOSS) | (3,683) |