| COMPARATIVE STATEMENT OF OPERATIONS | |
| INCOME | |
| RENTAL INCOME | |
| Maintenance charges | 20,905 |
| Less: real estate tax abatements | (2,008) |
| Special assessment - abatement | 1,926 |
| Commercial rent | 2,207 |
| TOTAL RENTAL INCOME | 23,030 |
| OTHER INCOME | |
| Interest income | 86 |
| Laundry | 116 |
| Storage | 169 |
| Late charges | 60 |
| Transfer and sublet fees | 1,007 |
| Miscellaneous income | 48 |
| TOTAL OTHER INCOME | 1,486 |
| TOTAL INCOME | 24,516 |
| COST OF OPERATIONS | |
| Administrative expenses | 1,250 |
| Operating expenses | 8,601 |
| Maintenance expenses | 3,808 |
| Taxes and insurance | 11,355 |
| Financial expenses | 1,611 |
| TOTAL COST OF OPERATIONS | 26,626 |
| Income or (Loss) Before Depreciation and Special item | (2,109) |
| Depreciation and amortization | (1,451) |
| NET INCOME OR (LOSS) | (3,561) |