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Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Rental $ 275,935 $ 244,590 $ 828,708 $ 761,765
Total Revenue 275,935 244,590 828,708 761,765
Costs and Expenses:        
General and administrative 71,987 85,207 352,776 200,569
Rental property:        
Operating expenses 144,062 114,962 442,486 403,095
Interest expense and amortization of mortgage costs 27,066 28,136 80,721 83,263
Real estate taxes 10,333 10,927 29,810 32,615
Depreciation on real estate 16,570 15,250 43,118 42,446
Total Costs and Expenses 270,018 254,482 948,911 761,988
Other Income:        
Loan forgivness SBA PPP 42,100 42,100
Investment income 3 11 8 11
Total other income 3 42,111 8 42,111
Net (loss) income $ 5,920 $ 32,219 $ (120,195) $ 41,888
Net (loss) income per Common Share -basic (in Dollars per share) $ 0 $ 0.01 $ (0.02) $ 0.01
Net (loss) income per Common Share -diluted (in Dollars per share) $ 0 $ 0.01 $ (0.02) $ 0.01
Weighted Average Number of Shares Outstanding        
basic (in Shares) 5,188,680 5,188,680 5,188,680 5,188,680
diluted (in Shares) 5,738,680 5,738,680 5,188,680 5,738,680