BOBWILL REALTY

Re: 2002 Tax Returns from 1/1/2002 - 7/31/2002


SUMMARY PAGE

PLEASE SEE ATTACHED INCOME AND EXPENSES FOR BREAKDOWN

TOTAL RENTAL INCOME  $ 116,446.15 Mortgage Interest  $  18,363.20 Property Taxes  $  32,386.46 Interest on Taxes  $        1081.66 Utilites  $    1,492.90 Plumbing Repairs  $  3,642.06 Paint & Carpentry  $  33,229.43 General Maint  $    1,563.16 Administrative Expense  $  25,766.72 DEPRECIATION  $    ?,?????? NET LOSS  $  1,079.44 + deprec.

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

FROM    AMOUNT  ;DATE Hudson City Savings   $  2,416.52  02/15/02 Hudson City Savings   $  862.07  02/15/02 Hudson City Savings   $  6,000.00  04/05/02 Investors Savings   $  2,000.00  03/18/02 Investors Savings $  2,000.00  04/09/02 TOTAL DEPOSITS  $  13,278.59

BOBWILL CHECKING ACCOUNT BALANCE:

12/31/01 -$ 3,499.00

07/31/02 -$ 12.18

MORTGAGE BALANCES, PLEASE SEE ATTACHED BREAKDOWN



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


Best Regards to You.
Bill