Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $900.00 | Property Purchase Price | 10/31/2017 |
| 2 | $4,050.00 | General Rehab Repairs | 07/10/2018 |
| 3 | $4,050.00 | General Rehab Repairs | 07/19/2018 |
| 4 | $2,400.00 | General Rehab Repairs | 10/13/2018 |
| 5 | $3,000.00 | General Rehab Repairs | 02/08/2019 |
| 6 | $585.00 | General Rehab Repairs | 02/13/2019 |
| Purchase price : $900 | Total Rehab Cost :$14,085.00 | All-In Property Cost : $14,985.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $900.00 | Property Purchase Price | 10/31/2017 | ||
| 2 | $625.00 | County Taxes | Summer taxes 2017 | 10/31/2017 | |
| 3 | $4,050.00 | General Rehab Repairs | $13,500 approved. $4,050 paid Sharp on 7/10 | 07/10/2018 | |
| 4 | $4,050.00 | General Rehab Repairs | Paid Sharp on 7/19 | 07/19/2018 | |
| 5 | $563.35 | City Taxes | City of Detroit | 08/16/2018 | |
| 6 | $2,400.00 | General Rehab Repairs | Sharp paid $2400 on 10/13 | 10/13/2018 | |
| 7 | $39.81 | City Taxes | Detroit Winter Taxes 2019 | 01/22/2019 | |
| 8 | $3,000.00 | General Rehab Repairs | Sharp paid $3,000 on 2/8 | 02/08/2019 | |
| 9 | $585.00 | General Rehab Repairs | Sharp paid 2/12 curb appeal rehab | 02/13/2019 | |
| 10 | $150.00 | Registration Fee | Vacant property registration - City of Detroit | 05/27/2019 | |
| 11 | $272.88 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 12 | $309.55 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/23/2020 | |
| 13 | $285.58 | Miscellaneous | Rami and Martin expenses | 01/30/2020 | |
| 14 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/19/2020 | |
| 15 | $275.75 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/13/2020 | |
| 16 | $412.97 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 17 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 18 | $100.00 | Miscellaneous | notary, printing, closing | 05/22/2021 | |
| 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: -$18,149.89 Profit/Loss (2017) : -$1,525.00 Profit/Loss (2018) : -$11,063.35 Profit/Loss (2019) : -$4,047.69 Profit/Loss (2020) : -$920.88 Profit/Loss (2021) : -$592.97 |
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.
