Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $500.00 | Property Purchase Price | 10/31/2017 |
| 2 | $12,050.00 | General Rehab Repairs | 07/25/2018 |
| 3 | $3,250.00 | General Rehab Repairs | 09/22/2020 |
| 4 | $2,700.00 | General Rehab Repairs | 10/17/2020 |
| Purchase price : $500 | Total Rehab Cost :$18,000.00 | All-In Property Cost : $18,500.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $500.00 | Property Purchase Price | 10/31/2017 | ||
| 2 | $617.00 | County Taxes | Summer taxes 2017 | 10/31/2017 | |
| 3 | $12,050.00 | General Rehab Repairs | $17500 approved. $4,050 paid Sharp on 7/25/18, $8050 paid on 8/9/18 | 07/25/2018 | |
| 4 | $547.95 | City Taxes | City of Detroit | 08/16/2018 | |
| 5 | $37.91 | City Taxes | Detroit Winter Taxes 2019 | 01/22/2019 | |
| 6 | $279.99 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 7 | $318.34 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/23/2020 | |
| 8 | $285.58 | Miscellaneous | Rami and Martin expenses | 01/30/2020 | |
| 9 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/19/2020 | |
| 10 | $282.98 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 11 | $3,250.00 | General Rehab Repairs | Tyson approved for $6,500. Paid $3,250 9/21/20. | 09/22/2020 | |
| 12 | $2,700.00 | General Rehab Repairs | Additional repairs Tyson paid $2,700 on 10/16/20 | 10/17/2020 | |
| 13 | $422.76 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 14 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 15 | $100.00 | Miscellaneous | notary, printing, closing | 05/22/2021 | |
| 16 | $80.00 | Lawncare | May and June Lawncare | 06/07/2021 | |
| Overall ROI : 0.00 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% |
Overall Profit/Loss: -$21,602.51 Profit/Loss (2017) : -$1,117.00 Profit/Loss (2018) : -$12,597.95 Profit/Loss (2019) : -$317.90 Profit/Loss (2020) : -$6,886.90 Profit/Loss (2021) : -$682.76 |
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.
