Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $5,700.00 | Property Purchase Price | 09/22/2017 |
| 2 | $7,560.00 | General Rehab Repairs | 11/08/2017 |
| 3 | $1,200.00 | General Rehab Repairs | 03/07/2018 |
| 4 | $165.00 | General Rehab Repairs | 09/23/2021 |
| 5 | $50.00 | General Rehab Repairs | 09/23/2021 |
| Purchase price : $5700 | Total Rehab Cost :$8,975.00 | All-In Property Cost : $14,675.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $5,700.00 | Property Purchase Price | 09/22/2017 | ||
| 2 | $703.00 | County Taxes | Summer tax 2017 | 09/22/2017 | |
| 3 | $7,560.00 | General Rehab Repairs | $9450 approved - $1,890 paid 11/6 *$1,890 paid 11/8 *$3,780 paid 11/13 | 11/08/2017 | |
| 4 | $100.00 | Setup Fee | 11/17/2017 | ||
| 5 | $50.00 | Utility Turn On | Power | 11/17/2017 | |
| 6 | $150.00 | Water Bill | Service start fee | 11/28/2017 | |
| 7 | $150.00 | Inspection | 12/22/2017 | ||
| 8 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 9 | $1,200.00 | General Rehab Repairs | Final Sec 8 Repairs - Anthony Sharp - $1,200 paid 3/6 | 03/07/2018 | |
| 10 | $827.99 | County Taxes | Wayne County Treasurer | 06/18/2019 | |
| 11 | $50.52 | City Taxes | City of Detroit - Winter taxes 2020 | 01/12/2020 | |
| 12 | $730.17 | City Taxes | 2nd 1/2 summer taxes 2019 paid on DivDat | 01/12/2020 | |
| 13 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/10/2020 | |
| 14 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 15 | $334.58 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 16 | $492.47 | County Taxes | Winter and partial Summer taxes | 02/03/2021 | |
| 17 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 18 | $80.00 | Lawncare | May and June Lawncare | 06/07/2021 | |
| 19 | $401.23 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 20 | $100.00 | Lawncare | lawncare July and August | 08/24/2021 | |
| 21 | $165.00 | General Rehab Repairs | Notary, closing, UPS | 09/23/2021 | |
| 22 | $50.00 | General Rehab Repairs | Lawncare Sept | 09/23/2021 | |
| 23 | $350.00 | Miscellaneous | TC / underwriter fee | 09/23/2021 | |
| 24 | $150.00 | Waste Bill | Waste Bill | 09/27/2021 | |
| 25 | $21,555.72 | Miscellaneous Profit | Closing 9/27/21. | 09/29/2021 | |
| Overall ROI : 108.81 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 1,153.51% |
Overall Profit/Loss: -$1,745.18 Profit/Loss (2017) : -$14,463.00 Profit/Loss (2018) : -$1,200.00 Profit/Loss (2019) : -$827.99 Profit/Loss (2020) : -$1,450.85 Profit/Loss (2021) : -$19,687.02 |
Total Admin Owed : $0.00 Total Client Owed : $0.00 Total Owed : $0.00 |
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Maxim Holdings specializes in finding off-market, bank or hedge-fund owned investment opportunities for investors of any size at significant discounts. We take sub-par properties and turn them into passive income cash flow earning machines.
