BOBWILL REALTY

Re: 2001 Tax Returns


SUMMARY PAGE

PLEASE SEE ATTACHED INCOME AND EXPENSES FOR BREAKDOWN

TOTAL RENTAL INCOME  $ 191,358.04 Mortgage Interest  $  32,288.52 Property Taxes  $  40,725.10 Interest on Taxes  $        570.98 Utilites  $    3,055.36 Plumbing Repairs  $  22,464.88 Paint & Carpentry  $  55,047.42 General Maint  $    5,886.95 Administrative Expense  $  43,989.84 DEPRECIATION  $    9,651.00 NET LOSS  $  22,322.01

DEPOSITS TO BOBWILL FROM SAVINGS ACCOUNTS.
NOT INCOME
SEE ATTACHED COPIES OF BANK CHECKS !

FROM    AMOUNT  ;DATE Hudson City Savings   $  6,000.00  06/08/01 Hudson City Savings   $  5,000.00  07/10/01 Hudson City Savings   $  1,879.59  07/12/01 Hudson City Savings   $  3,500.90  08/09/01 Hudson City Savings $  12,500.00  10/25/01 Hudson City Savings   $  4,128.63  11/09/01 Hudson City Savings   $  4,900.00  11/29/01 TOTAL DEPOSITS  $  39,000.00

BOBWILL CHECKING ACCOUNT BALANCE:

12/31/00 $ 604.03

12/31/01 -$ 3,499.00

MORTGAGE BALANCES, PLEASE SEE ATTACHED BREAKDOWN



PHONE: home: 973-895-3711 cell: 973-479-3789


Best Regards to You.
Bill