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Other operating
expenses
$1,001,340
Net operating
income
$930,955
Depreciation
$271,681
Rental revenue
$2,203,976
Net income/(loss)
-$551,442
Net operating
income
$930,955
Total operating
expenses
$1,273,021
Total other income
(expense)
-$1,482,397
Consulting income
$43,500
Other income
$2,764
Interest income
$481
General and
administrative
$286,953
Depreciation
$271,681
Property taxes
$270,614
Repairs and maintenance
$231,422
Professional fees
$96,036
Salaries and benefits
$68,975
Utilities
$47,340
Interest expense
$1,476,460
Gain/(loss) on early
extinguishment of debt
-$26,716
Dividends expense
$25,966
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Income Statement
source: myfinsight.com
Hubilu Venture Corp (HBUV)
Hubilu Venture Corp (HBUV)