Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $30,785.79 | Property Purchase Price | 05/19/2017 |
| 2 | $12,300.00 | General Rehab Repairs | 05/19/2017 |
| 3 | $4,000.00 | Final Rent Ready Repairs | 05/19/2017 |
| 4 | $1,875.00 | Plumbing Repairs | 05/19/2017 |
| 5 | $1,060.00 | Door Repairs | 05/23/2017 |
| 6 | $435.00 | Plumbing Repairs | 05/19/2017 |
| 7 | $300.00 | General Rehab Repairs | 05/19/2017 |
| 8 | $200.00 | General Rehab Repairs | 05/19/2017 |
| 9 | $957.00 | Furnace Install | 08/19/2019 |
| 10 | $900.00 | General Rehab Repairs | 09/25/2019 |
| 11 | $700.00 | General Rehab Repairs | 11/25/2019 |
| 12 | $850.00 | Plumbing Repairs | 10/20/2020 |
| 13 | $650.00 | General Rehab Repairs | 01/27/2022 |
| Purchase price : $30785.79 | Total Rehab Cost :$24,227.00 | All-In Property Cost : $55,012.79 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $30,785.79 | Property Purchase Price | $2500 paid 5/27 (Martin) **$28,285.79 final funds paid 6/30 (Rami) | 05/19/2017 | |
| 2 | $12,300.00 | General Rehab Repairs | Arlena reduced from $13,000 to $12,300 **$6,150 paid 6/29 (Martin) **$2800 paid 7/18 (Martin) **$1,000 paid 8/2 (Martin) **$1350 paid 8/15 (Martin) **$1,000 remaining goes toward Arlena Boundary lease August 2016 | 05/19/2017 | |
| 3 | $24.81 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 4 | $30.76 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 5 | $29.78 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 6 | $30.76 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 7 | $29.78 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 8 | $4,000.00 | Final Rent Ready Repairs | Final Rent Ready repairs (Sal) $7,500 paid by Martin on 1/13 ***$3000 paid 3/23 (Martin) final payment $1000 paid 4/2 | 05/19/2017 | |
| 9 | $73.56 | Gas Bill | Gas (paid by Rentwell) | 05/19/2017 | |
| 10 | $30.76 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 11 | $307.79 | County Taxes | 2017 County Taxes | 05/19/2017 | |
| 12 | $30.76 | Arcana Insurance Payment | Arcana Insurance Feb | 05/19/2017 | |
| 13 | $64.14 | Gas Bill | People’s Gas | 05/19/2017 | |
| 14 | $1,875.00 | Plumbing Repairs | Plumbing repairs | 05/19/2017 | |
| 15 | $100.00 | Sales Clean | Final Sales Clean | 05/19/2017 | |
| 16 | $27.79 | Arcana Insurance Payment | Arcana March 2017 | 05/19/2017 | |
| 17 | $1,060.00 | Door Repairs | Door replace, hot water heater, electrical repairs | 05/23/2017 | |
| 18 | $198.10 | Gas Bill | People’s Gas | 05/23/2017 | |
| 19 | $29.35 | Water Bill | Water bill | 05/23/2017 | |
| 20 | $158.96 | Gas Bill | $44 snow removal and remainder Gas bill - paid Rentwell | 05/23/2017 | |
| 21 | $30.76 | Arcana Insurance Payment | Arcana March | 05/23/2017 | |
| 22 | $29.78 | Arcana Insurance Payment | Arcana May | 05/23/2017 | |
| 23 | $1,054.42 | Water Bill | PWSA Water | 05/19/2017 | |
| 24 | $41.48 | Miscellaneous | Notary and doc copy | 05/19/2017 | |
| 25 | $100.00 | Management Fee | Initial Setup fee | 05/19/2017 | |
| 26 | $435.00 | Plumbing Repairs | Backflow preventor | 05/19/2017 | |
| 27 | $300.00 | General Rehab Repairs | Mold remediation (Martin) | 05/19/2017 | |
| 28 | $200.00 | General Rehab Repairs | Front step and launcher (Martin) | 05/19/2017 | |
| 29 | $145.48 | Gas Bill | Gas | 06/28/2017 | |
| 30 | $1,098.61 | Water Bill | Water repairs | 06/28/2017 | |
| 31 | $417.65 | Water Bill | PWSA | 06/28/2017 | |
| 32 | $198.44 | Rent | Rentwell - July 2017 Rent | 07/13/2017 | |
| 33 | $130.50 | Miscellaneous | Tax Reduction Services - Robert Peirce and Associates | 07/24/2017 | |
| 34 | $800.00 | Rent | Clarke renter security deposit | 08/14/2017 | |
| 35 | $736.00 | Rent | August 2017 Rent | 08/14/2017 | |
| 36 | $752.00 | Rent | Sept 2017 | 09/28/2017 | |
| 37 | $704.00 | Rent | Oct 2017 | 10/24/2017 | |
| 38 | $752.00 | Rent | Nov 2017 | 11/12/2017 | |
| 39 | $752.00 | Rent | Jan 2018 Rent | 01/23/2018 | |
| 40 | $241.48 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 41 | $752.00 | Rent | Rent Feb 2018 | 02/19/2018 | |
| 42 | $129.79 | County Taxes | 2018 County Taxes | 02/27/2018 | |
| 43 | $752.00 | Rent | March 2018 Rent - $800 - $48 = $752 | 03/23/2018 | |
| 44 | $752.00 | Rent | $800 April rent minus $48 management | 04/25/2018 | |
| 45 | $752.00 | Rent | $800 May 2018 Rent minus $48 management fee | 06/22/2018 | |
| 46 | $752.00 | Rent | June 2018 minus $48 management fee | 06/22/2018 | |
| 47 | $752.00 | Rent | July 2018 Rent | 09/25/2018 | |
| 48 | $752.00 | Rent | Aug 2018 Rent | 09/25/2018 | |
| 49 | $752.00 | Rent | Sept 2018 Rent | 09/25/2018 | |
| 50 | $1,504.00 | Rent | $1600 Oct rent minus $96 management fee | 10/30/2018 | |
| 51 | $287.00 | Miscellaneous | Legal cost for property tax basis reduction | 11/08/2018 | |
| 52 | $752.00 | Rent | $800 - $48 = $752 management fee | 11/29/2018 | |
| 53 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 02/01/2019 | |
| 54 | $129.79 | County Taxes | County of Allegheny Real Estate Taxes | 02/08/2019 | |
| 55 | $47.00 | Rent | $50 - $3 mgmt fee = $47 | 02/19/2019 | |
| 56 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 04/03/2019 | |
| 57 | $752.00 | Rent | $800 - $48 mgmt fee = $752 - May | 07/29/2019 | |
| 58 | $752.00 | Rent | $800 - $48 mgmt fee = $752 (June) | 07/30/2019 | |
| 59 | $752.00 | Rent | $800 - $48 mgmt fee = $752 (July) | 07/31/2019 | |
| 60 | $957.00 | Furnace Install | New furnace and water lines install | 08/19/2019 | |
| 61 | $241.49 | Arcana Insurance Payment | 09/04/2019 | ||
| 62 | $900.00 | General Rehab Repairs | Tree trimming, exterior repair, debris removal, code compliance | 09/25/2019 | |
| 63 | $390.31 | Water Bill | 10/31/2019 | ||
| 64 | $5.56 | Water Bill | 11/20/2019 | ||
| 65 | $700.00 | General Rehab Repairs | Tenant plumbing repairs and tree removal | 11/25/2019 | |
| 66 | $5.56 | Water Bill | 11/28/2019 | ||
| 67 | $5.56 | Water Bill | 12/31/19 water bill | 12/14/2019 | |
| 68 | $5.56 | Water Bill | 01/02/2020 | ||
| 69 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 01/06/2020 | |
| 70 | $5.67 | Water Bill | 01/24/2020 | ||
| 71 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 01/28/2020 | |
| 72 | $5.67 | Water Bill | 01/30/2020 | ||
| 73 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/13/2020 | |
| 74 | $5.95 | Water Bill | 02/15/2020 | ||
| 75 | $5.95 | Water Bill | 02/29/2020 | ||
| 76 | $752.00 | Rent | Positive Feb 2020 rent | 03/09/2020 | |
| 77 | $5.95 | Water Bill | 03/17/2020 | ||
| 78 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 03/30/2020 | |
| 79 | $559.05 | City Taxes | 2017, 2018 & 2019 City, Library & School taxes | 04/01/2020 | |
| 80 | $5.95 | Water Bill | 04/01/2020 | ||
| 81 | $5.95 | Water Bill | 04/15/2020 | ||
| 82 | $129.79 | County Taxes | Allegheny County Taxes | 04/23/2020 | |
| 83 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 05/01/2020 | |
| 84 | $15.42 | Miscellaneous | Carnegie Library Tax - Jordan Tax Service | 05/25/2020 | |
| 85 | $497.01 | City Taxes | City of Pittsburgh | 05/25/2020 | |
| 86 | $606.66 | School Taxes | School District of Pittsburgh | 05/25/2020 | |
| 87 | $5.95 | Water Bill | 05/29/2020 | ||
| 88 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 06/09/2020 | |
| 89 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 06/30/2020 | |
| 90 | $41.50 | Water Bill | 07/01/2020 | ||
| 91 | $1,532.00 | Rent | $1630 - $98 mgmt fee = $1532 Aug 2020 rent | 09/02/2020 | |
| 92 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 09/29/2020 | |
| 93 | $850.00 | Plumbing Repairs | Water heater leak and flooring repair | 10/20/2020 | |
| 94 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 10/29/2020 | |
| 95 | $511.32 | School Taxes | City & School District of Pittsburgh taxes 2020 | 11/25/2020 | |
| 96 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 01/04/2021 | |
| 97 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 01/27/2021 | |
| 98 | $551.10 | County Taxes | Real estate taxes 2021 | 02/01/2021 | |
| 99 | $13.00 | City Taxes | 02/11/2021 | ||
| 100 | $752.00 | Rent | $800 rent paid minus $48 management fee=$752 | 02/27/2021 | |
| 101 | $129.79 | County Taxes | Allegheny County Taxes | 03/10/2021 | |
| 102 | $752.00 | Rent | $800 rent paid minus $48 management fee | 03/29/2021 | |
| 103 | $752.00 | Rent | $800-mgmt fee $48=$752 | 04/27/2021 | |
| 104 | $752.00 | Rent | $800-mgmt fee $48=$752 | 05/31/2021 | |
| 105 | $752.00 | Rent | $800-$48 management fees=$752 Rent payment for July 2021 | 07/29/2021 | |
| 106 | $752.00 | Rent | $800-mgmt fee $48=$752 | 08/28/2021 | |
| 107 | $752.00 | Rent | $800 rent paid minus $48 management fee=$752 | 09/30/2021 | |
| 108 | $752.00 | Rent | $800 rent paid minus $48 management fee | 10/28/2021 | |
| 109 | $752.00 | Rent | $800 rent paid minus $48 management fee | 11/29/2021 | |
| 110 | $752.00 | Rent | $800 rent paid minus $48 management fee | 01/01/2022 | |
| 111 | $650.00 | General Rehab Repairs | Sewer line repair and plumbing | 01/27/2022 | |
| 112 | $140.00 | Miscellaneous | Closing notary and printing | 01/27/2022 | |
| 113 | $56,598.48 | Miscellaneous Profit | $30,100.49 spent | 02/01/2022 | |
| 114 | $1,500.00 | Rent | 02/14/2022 | ||
| Overall ROI : 143.61 % ROI (2017) : 7.15% ROI (2018) : 1,370.87% ROI (2019) : 114.14% ROI (2020) : 233.87% ROI (2021) : 1,192.12% ROI (2022) : 7,449.43% |
Overall Profit/Loss: -$27,997.99 Profit/Loss (2017) : -$51,229.13 Profit/Loss (2018) : -$8,365.73 Profit/Loss (2019) : -$471.73 Profit/Loss (2020) : -$4,751.07 Profit/Loss (2021) : -$7,578.11 Profit/Loss (2022) : -$58,060.48 |
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.
