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8248 TERRY, DETROIT, 48228

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $6,900.00 Property Purchase Price 09/25/2017
2 $3,000.00 General Rehab Repairs 12/16/2017
3 $2,500.00 General Rehab Repairs 01/04/2018
4 $3,000.00 General Rehab Repairs 03/14/2018
5 $1,000.00 General Rehab Repairs 08/24/2018
6 $6,000.00 General Rehab Repairs 12/19/2020
7 $500.00 General Rehab Repairs 02/07/2022
Purchase price : $6900 Total Rehab Cost :$16,000.00 All-In Property Cost : $22,900.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $6,900.00 Property Purchase Price 09/25/2017
2 $729.00 County Taxes Summer tax 2017 09/25/2017
3 $3,000.00 General Rehab Repairs $11,000 approved - $3,000 paid 12/15 12/16/2017
4 $2,500.00 General Rehab Repairs Second progress payment *$2,500 paid Anthony Sharp 01/04/2018
5 $100.00 Setup Fee 01/27/2018
6 $100.00 Utility Turn On Power, Gas 01/27/2018
7 $300.00 Gas Bill Reconnect fee 03/05/2018
8 $3,000.00 General Rehab Repairs Paid Anthony Sharp on 3/13 03/14/2018
9 $60.00 Lawncare 04/16/2018
10 $60.00 Lawncare 05/12/2018
11 $118.19 Water Bill PWSA 06/15/2018
12 $643.00 Electricity Bill 06/18/2018
13 $701.94 City Taxes City of Detroit 08/16/2018
14 $1,000.00 General Rehab Repairs Sharp paid 8/22 08/24/2018
15 $60.00 Lawncare 09/04/2018
16 $60.00 Lawncare 09/21/2018
17 $18.43 Electricity Bill DTE bill 11/13/2018
18 $60.00 Lawncare 12/04/2018
19 $56.86 City Taxes Detroit Winter Taxes 2019 01/29/2019
20 $119.74 Electricity Bill DTE 02/12/2019
21 $70.00 Snow Removal 02/22/2019
22 $8.81 Electricity Bill DTE 03/08/2019
23 $65.00 Lawncare 03/31/2019
24 $8.81 Electricity Bill DTE 04/15/2019
25 $60.00 Lawncare 05/05/2019
26 $60.00 Lawncare 06/03/2019
27 $362.71 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/21/2019
28 $195.00 Registration Fee 11/18/2019
29 $420.95 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/22/2020
30 $285.58 Miscellaneous Rami & Martin expenses 02/06/2020
31 $50.00 Inspection Contractor bid, punchlist, inspection 02/21/2020
32 $367.30 City Taxes 1st 1/2 summer city taxes 2020 AA 08/24/2020
33 $6,000.00 General Rehab Repairs $6,000 approved. $3,000 paid Tyson on 12/18/20. $3000 paid Tyson on 12/20/20 12/19/2020
34 $150.00 Inspection Initial and completion inspection 12/23/2020
35 $172.00 Arcana Insurance Payment partial insurance payment during listing 01/21/2021
36 $536.67 County Taxes Winter and partial Summer taxes 02/04/2021
37 $80.00 Lawncare March and April Lawncare 05/05/2021
38 $1,354.82 Rent $1441.30 rent paid minus $86.48 management fee=$1354.82 05/31/2021
39 $700.00 Miscellaneous First month's rent agent commission 06/05/2021
40 $440.42 County Taxes 2021 Summer Tax 07/08/2021
41 $369.76 Water Bill Water bill 11/08/2021
42 $533.79 County Taxes Taxes Second installment 12/13/2021
43 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
44 $500.00 General Rehab Repairs Debris removal, door replacement, lockbox replace, window repair 02/07/2022
45 $60.00 Lawncare Lawncare March 03/07/2022
46 $423.06 Water Bill Water bill 04/04/2022
47 $60.00 Lawncare Lawncare April 04/19/2022
48 $60.00 Lawncare Lawncare May 05/04/2022
49 $120.00 Lawncare Lawncare June and July 07/05/2022
50 $60.00 Lawncare Lawncare August 08/15/2022
51 $60.00 Lawncare Lawncare September 09/09/2022
52 $60.00 Lawncare October lawn care 10/18/2022
53 $60.00 Lawncare November lawn care 11/21/2022
54 $60.00 Lawncare December lawn care 12/17/2022
55 $60.00 Lawncare January lawn care 01/03/2023
56 $60.00 Lawncare February lawn care 03/01/2023
57 $120.00 Lawncare March and April lawn care 04/06/2023
58 $60.00 Lawncare May lawn care 05/13/2023
59 $1,374.77 County Taxes 06/26/2023
60 $180.00 Lawncare June, July, August lawn care 08/23/2023
61 $962.30 County Taxes 2023 County Taxes 08/24/2023
62 $60.00 Lawncare September lawncare 09/06/2023
63 $120.00 Lawncare October and November lawncare 11/20/2023
64 $120.00 Lawncare December and January lawn care 01/04/2024
65 $1,074.67 County Taxes Wayne County Winter taxes 01/15/2024
66 $60.00 Lawncare Feb lawn care 02/12/2024
67 $120.00 Lawncare March / April lawncare 04/11/2024
68 $60.00 Lawncare May lawncare 05/06/2024
69 $1,075.00 Miscellaneous Detroit appraisals 05/13/2024
70 $60.00 Lawncare June lawncare 06/10/2024
71 $120.00 Lawncare Lawncare July and August 08/05/2024
72 $861.76 County Taxes 08/13/2024
73 $250.00 Miscellaneous Appraisal lender change from Race City to Mino Lending 09/06/2024
74 $250.00 Miscellaneous Appraisal change and market report addition for Mino Lending lender change 09/16/2024
75 $550.00 Miscellaneous 1004D Appraisal recert of value 10/04/2024
76 $120.00 Lawncare Sept and Oct lawncare 10/16/2024
77 $60.00 Lawncare Nov 2024 lawncare 11/21/2024
78 $60.00 Lawncare Dec lawncare 12/09/2024
79 $60.00 Lawncare Jan 2025 Lawncare 01/03/2025
80 $1,134.77 County Taxes 01/14/2025
81 $60.00 Lawncare Feb Lawncare 02/07/2025
82 $60.00 Lawncare March 2025 lawncare 03/25/2025
83 $120.00 Lawncare April and May lawncare 05/05/2025
84 $180.00 Miscellaneous June, July, August lawncare 07/29/2025
85 $1,790.40 County Taxes County Taxes 08/13/2025
86 $180.00 Lawncare Sept, Oct, Nov lawncare 11/03/2025
87 $14,989.47 Miscellaneous Profit Final funds sale 12/16/2025
88 $60.00 Lawncare Dec 01/03/2026
Overall ROI : 37.49 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 47.83% ROI (2022) : 0.00% ROI (2023) : 0.00% ROI (2024) : 0.00% ROI (2025) : 418.10% ROI (2026) : 0.00%
Overall Profit/Loss: -$27,246.40
Profit/Loss (2017) : -$10,629.00 Profit/Loss (2018) : -$8,781.56 Profit/Loss (2019) : -$1,006.93 Profit/Loss (2020) : -$7,273.83 Profit/Loss (2021) : -$1,477.82 Profit/Loss (2022) : -$1,583.06 Profit/Loss (2023) : -$2,997.07 Profit/Loss (2024) : -$4,841.43 Profit/Loss (2025) : -$11,404.30 Profit/Loss (2026) : -$60.00
Total Admin Owed : $0.00
Total Client Owed : $0.00
Total Owed : $0.00

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Turning Affordable Property Investments into Sustainable Passive Income Production

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.