Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $40,742.27 | EMD (Deposit) Payment | 05/19/2017 |
| 2 | $14,925.00 | General Rehab Repairs | 05/19/2017 |
| 3 | $100.00 | General Rehab Repairs | 05/19/2017 |
| 4 | $4,340.00 | Appliances | 05/23/2017 |
| 5 | $250.00 | Plumbing Repairs | 05/23/2017 |
| 6 | $435.00 | Plumbing Repairs | 05/23/2017 |
| 7 | $140.00 | Plumbing Repairs | 08/05/2017 |
| 8 | $400.00 | General Rehab Repairs | 08/05/2017 |
| 9 | $495.00 | General Rehab Repairs | 08/05/2017 |
| 10 | $760.00 | Plumbing Repairs | 01/27/2018 |
| 11 | $800.00 | Plumbing Repairs | 01/27/2018 |
| 12 | $32.91 | Electrical Repairs | 02/02/2018 |
| 13 | $800.00 | General Rehab Repairs | 01/06/2020 |
| 14 | $684.69 | General Rehab Repairs | 02/14/2021 |
| 15 | $960.00 | Plumbing Repairs | 10/16/2021 |
| 16 | $6,500.00 | General Rehab Repairs | 05/11/2022 |
| 17 | $1,528.46 | Plumbing Repairs | 12/19/2022 |
| Purchase price : $40742.27 | Total Rehab Cost :$33,151.06 | All-In Property Cost : $73,893.33 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $40,742.27 | EMD (Deposit) Payment | $990 EMD paid 6/14 (Rami) **$39,752.27 final funds paid 8/30 (Rami) | 05/19/2017 | |
| 2 | $165.00 | Dye Test | Dye Test (Martin) | 05/19/2017 | |
| 3 | $14,925.00 | General Rehab Repairs | Pat/Sal Bid **$7,100 paid 9/10 (initial 50%) by Martin ***$925 paid by Martin 9/28 for additional repairs **$7,100 final payment made 10/13 (Martin) | 05/19/2017 | |
| 4 | $100.00 | General Rehab Repairs | Trip charge for breaker repair | 05/19/2017 | |
| 5 | $6.97 | Electricity Bill | Power bill | 05/19/2017 | |
| 6 | $37.72 | Electricity Bill | Power bill | 05/19/2017 | |
| 7 | $16.00 | Waste Bill | Sewer bill | 05/19/2017 | |
| 8 | $22.05 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 9 | $33.07 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 10 | $14.84 | Electricity Bill | Light utility bill | 05/19/2017 | |
| 11 | $34.18 | Arcana Insurance Payment | Arcana | 05/19/2017 | |
| 12 | $18.46 | Electricity Bill | Light bill | 05/19/2017 | |
| 13 | $307.33 | County Taxes | 2017 County Taxes | 05/19/2017 | |
| 14 | $34.18 | Arcana Insurance Payment | Arcana Insurance Feb | 05/19/2017 | |
| 15 | $265.55 | City Taxes | Taxes | 05/19/2017 | |
| 16 | $16.00 | Waste Bill | Sewer bill | 05/19/2017 | |
| 17 | $50.86 | Water Bill | Water bill | 05/19/2017 | |
| 18 | $34.24 | Water Bill | Water bill | 05/19/2017 | |
| 19 | $51.70 | Waste Bill | Municipal | 05/19/2017 | |
| 20 | $52.46 | Electricity Bill | Duquesne Light | 05/19/2017 | |
| 21 | $1,400.00 | Dye Test Repairs | Final dye test repairs - mandated by city (3/7) | 05/19/2017 | |
| 22 | $81.02 | Gas Bill | Gas bill | 05/19/2017 | |
| 23 | $16.00 | Waste Bill | Waste bill | 05/19/2017 | |
| 24 | $7.46 | Gas Bill | People’s Gas | 05/19/2017 | |
| 25 | $30.87 | Arcana Insurance Payment | Arcana March 2017 | 05/19/2017 | |
| 26 | $698.48 | Burrough Taxes | Burrough of Munhall Taxes | 05/23/2017 | |
| 27 | $4,340.00 | Appliances | Furnace, appliances, final burough repairs | 05/23/2017 | |
| 28 | $100.00 | Rentwell Setup Fee | Rentwell initial setup fee | 05/23/2017 | |
| 29 | $27.35 | Arcana Insurance Payment | Arcana April | 05/23/2017 | |
| 30 | $33.07 | Arcana Insurance Payment | Arcana May | 05/23/2017 | |
| 31 | $25.71 | Water Bill | 05/23/2017 | ||
| 32 | $250.00 | Plumbing Repairs | Bathtub repairs | 05/23/2017 | |
| 33 | $435.00 | Plumbing Repairs | 05/23/2017 | ||
| 34 | $140.00 | Plumbing Repairs | Pressure regulator | 08/05/2017 | |
| 35 | $62.51 | Burrough Taxes | Burrough legal tax | 08/05/2017 | |
| 36 | $68.38 | Water Bill | 08/05/2017 | ||
| 37 | $165.00 | Lawncare | 08/05/2017 | ||
| 38 | $400.00 | General Rehab Repairs | Final items for move in | 08/05/2017 | |
| 39 | $71.20 | Waste Bill | Sewage bill | 08/05/2017 | |
| 40 | $495.00 | General Rehab Repairs | Storm door repair | 08/05/2017 | |
| 41 | $21.77 | Miscellaneous | Make ready expense - Rentwell deducted from ledger | 07/03/2017 | |
| 42 | $214.50 | Miscellaneous | Basement cleanup - Rentwell deducted from ledger | 07/03/2017 | |
| 43 | $18.29 | Water Bill | 08/05/2017 | ||
| 44 | $18.30 | Waste Bill | 08/05/2017 | ||
| 45 | $100.00 | Setup Fee | MPM | 08/05/2017 | |
| 46 | $130.50 | Miscellaneous | Tax Reduction Services - Robert Peirce and Associates | 08/05/2017 | |
| 47 | $1,478.87 | School Taxes | Steel Valley School District Taxes | 08/05/2017 | |
| 48 | $16.11 | Water Bill | 08/05/2017 | ||
| 49 | $19.29 | Water Bill | American Water | 11/08/2017 | |
| 50 | $875.00 | Rent | Steward renter Deposit | 08/14/2017 | |
| 51 | $70.00 | Miscellaneous | Rentwell miscellaneous account closing fees | 11/08/2017 | |
| 52 | $38.85 | Electricity Bill | Duquesne Light | 11/08/2017 | |
| 53 | $100.00 | Lawncare | Initial mowing and lawncare | 11/08/2017 | |
| 54 | $229.00 | Waste Bill | 11/08/2017 | ||
| 55 | $402.48 | Miscellaneous | Arcana Insurance 2018 | 11/08/2017 | |
| 56 | $33.76 | Waste Bill | 11/09/2017 | ||
| 57 | $100.00 | Utility Turn On | Water, Power | 12/22/2017 | |
| 58 | $23.65 | Electricity Bill | Duquesne Light | 01/18/2018 | |
| 59 | $220.00 | Waste Bill | 01/23/2018 | ||
| 60 | $760.00 | Plumbing Repairs | Plumbing repairs and new faucet | 01/27/2018 | |
| 61 | $800.00 | Plumbing Repairs | New Hot water heater - 5 year warranty | 01/27/2018 | |
| 62 | $32.91 | Electrical Repairs | 02/02/2018 | ||
| 63 | $41.42 | Electricity Bill | 02/14/2018 | ||
| 64 | $935.10 | Rent | Pro rated Feb 2018 rent and $650 Deposit | 02/19/2018 | |
| 65 | $307.33 | County Taxes | 2018 County Taxes | 02/27/2018 | |
| 66 | $274.43 | City Taxes | 03/07/2018 | ||
| 67 | $738.71 | Waste Bill | 03/16/2018 | ||
| 68 | $611.00 | Rent | March 2018 rent - $650 - $39 = $611 | 03/23/2018 | |
| 69 | $85.49 | Waste Bill | 04/03/2018 | ||
| 70 | $154.29 | Electricity Bill | Duquesne Light | 04/11/2018 | |
| 71 | $698.48 | Burrough Taxes | Borough of Munhall | 04/16/2018 | |
| 72 | $1,222.00 | Rent | $650 April and $650 May paid ($1,300 total) minus $78 management | 04/25/2018 | |
| 73 | $113.00 | Miscellaneous | Munhall Borough Garbage | 04/28/2018 | |
| 74 | $514.31 | Waste Bill | Munhall Municipal Sanitary Sewer (payable to Legal Tax Service) | 05/11/2018 | |
| 75 | $1,250.00 | Rent | $1330 paid for June 2018 and amount remaining minus $79.80 management fee | 06/22/2018 | |
| 76 | $1,526.17 | School Taxes | Steel Valley School District - Donna J Mercuri - Tax Collector | 07/19/2018 | |
| 77 | $195.02 | Electricity Bill | Duquesne Light | 07/20/2018 | |
| 78 | $232.23 | Electricity Bill | Duquesne Light | 07/29/2018 | |
| 79 | $55.00 | Miscellaneous | Munhall Borough Garbage - Legal Tax Service | 08/01/2018 | |
| 80 | $611.00 | Rent | July 2018 Rent - $650 minus management | 09/25/2018 | |
| 81 | $611.00 | Rent | Aug 2018 Rent - $650 minus management | 09/25/2018 | |
| 82 | $639.20 | Rent | Sept 2018 Rent - $680 minus management | 09/25/2018 | |
| 83 | $402.48 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/19/2018 | |
| 84 | $55.00 | Waste Bill | Munhall Borough Garbage - Legal Tax Service | 10/30/2018 | |
| 85 | $639.20 | Rent | $680 minus $40.80 management fee | 10/30/2018 | |
| 86 | $303.56 | Miscellaneous | Legal cost for property tax basis reduction | 11/08/2018 | |
| 87 | $611.00 | Rent | $650-$39 = $611 management fee | 11/29/2018 | |
| 88 | $470.00 | Rent | $500 - $30 mgmt fee = $470 | 02/01/2019 | |
| 89 | $307.33 | County Taxes | County of Allegheny Real Estate Taxes | 02/08/2019 | |
| 90 | $66.45 | Waste Bill | Legal Tax Service - Munhall Municipal Sanitary Sewer Authority | 03/01/2019 | |
| 91 | $220.00 | Waste Bill | Munhall Borough Garbage - Legal Tax Service | 03/05/2019 | |
| 92 | $639.20 | Rent | $680 - $40.80 mgmt fee = $639.20 | 04/03/2019 | |
| 93 | $698.48 | Burrough Taxes | Borough of Munhall 2019 Taxes | 04/24/2019 | |
| 94 | $174.21 | Waste Bill | Munhall Municipal Sanitary Sewer Authority | 05/22/2019 | |
| 95 | $54.73 | Waste Bill | Munhall Municipal Sanitary Authority - Legal Tax Service | 06/17/2019 | |
| 96 | $46.37 | Waste Bill | Munhall Municipal Sanitary Sewer Authority | 07/12/2019 | |
| 97 | $1,573.48 | School Taxes | Steel Valley School District - Donna J Mercuri, Tax Collector | 07/15/2019 | |
| 98 | $639.20 | Rent | $680 - $40.80 mgmt fee = $639.20 (May) | 07/29/2019 | |
| 99 | $470.00 | Rent | $500 - $30 mgmt fee = $470 (July) | 07/31/2019 | |
| 100 | $107.97 | Waste Bill | Munhall Municipal Sanitary Sewer Authority - Legal Tax Service | 08/05/2019 | |
| 101 | $241.49 | Arcana Insurance Payment | 09/04/2019 | ||
| 102 | $132.99 | Waste Bill | Legal Tax Service -Munhall Municipal Sanitary Sewer Authority | 09/09/2019 | |
| 103 | $76.19 | Waste Bill | Munhall Municipal Sanitary Sewer Authority - paid to Legal Tax Service | 10/07/2019 | |
| 104 | $800.00 | General Rehab Repairs | Remove and haul away all debris | 01/06/2020 | |
| 105 | $752.00 | Rent | $800 - $48 mgmt fee = $752 | 01/06/2020 | |
| 106 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/13/2020 | |
| 107 | $307.33 | County Taxes | ALLEGHENY COUNTY 2020 REAL ESTATE TAX | 02/13/2020 | |
| 108 | $55.00 | Waste Bill | Legal Tax Service - Munhall Borough Garbage | 02/13/2020 | |
| 109 | $65.28 | Waste Bill | Legal Tax Service | 02/13/2020 | |
| 110 | $125.00 | Inspection | Munhall enforcement inspection | 02/15/2020 | |
| 111 | $846.00 | Rent | Positive Feb 2020 rent | 03/09/2020 | |
| 112 | $893.00 | Rent | $950 - $57 mgmt fee = $893 | 03/30/2020 | |
| 113 | $155.51 | Waste Bill | Munhall Municipal Sanitary Sewer Authority | 04/10/2020 | |
| 114 | $698.48 | Burrough Taxes | Donna J Mercuri, Tax Collector - Borough of Munhall | 04/14/2020 | |
| 115 | $893.00 | Rent | $950 - $57 mgmt fee = $893 | 05/01/2020 | |
| 116 | $58.00 | Waste Bill | Munhall Borough Garbage - Legal Tax Service | 06/04/2020 | |
| 117 | $3,158.40 | Rent | $3360 - $201.60 mgmt fee = $3158.40 | 06/08/2020 | |
| 118 | $628.85 | Rent | $669 - $40.15 mgmt fee = $628.85 | 06/30/2020 | |
| 119 | $1,629.54 | School Taxes | Steel Valley School District - Donna J. Mercuri, Tax Collector | 07/14/2020 | |
| 120 | $609.82 | Rent | $650 - $40.15 mgmt fee = $609.82 | 07/28/2020 | |
| 121 | $611.00 | Rent | $650 - $39 Mgmt fee = $611 Aug 2020 rent | 09/02/2020 | |
| 122 | $271.72 | Waste Bill | Munhall Municipal Sanitary Sewer Authority - Legal Tax Service | 11/04/2020 | |
| 123 | $1,257.70 | Rent | $1,338 - $80.30 mgmt fee = $1257.70 | 01/04/2021 | |
| 124 | $125.83 | Waste Bill | 02/11/2021 | ||
| 125 | $684.69 | General Rehab Repairs | Installed new furnace blower,installednew filter,installednew furnacedrainpipeand repaired split drainpipe | 02/14/2021 | |
| 126 | $307.33 | County Taxes | Allegheny County Taxes | 03/10/2021 | |
| 127 | $1,222.00 | Rent | $1300 rent paid minus $78 management fee | 03/29/2021 | |
| 128 | $698.48 | City Taxes | Borough of Munhall | 04/20/2021 | |
| 129 | $677.41 | Rent | $721-mgmt fee $43.24= $677.41 | 04/27/2021 | |
| 130 | $113.00 | Waste Bill | 05/10/2021 | ||
| 131 | $286.48 | Water Bill | 05/10/2021 | ||
| 132 | $1,696.35 | School Taxes | School Taxes | 07/12/2021 | |
| 133 | $55.00 | Waste Bill | 07/22/2021 | ||
| 134 | $1,258.06 | Rent | $1338- $80.30 mgmt fee = $1258.06 | 08/28/2021 | |
| 135 | $960.00 | Plumbing Repairs | Sewer drain in basement and pipeline to street repairs | 10/16/2021 | |
| 136 | $55.00 | Waste Bill | 10/25/2021 | ||
| 137 | $705.00 | Rent | $750 rent paid - $45 mgmt fee | 10/28/2021 | |
| 138 | $677.41 | Rent | $721 rent paid - $43.24 mgmt fee | 01/01/2022 | |
| 139 | $307.33 | County Taxes | 03/14/2022 | ||
| 140 | $271.68 | Waste Bill | Waste bill | 04/04/2022 | |
| 141 | $142.88 | Rent | $152 minus a $9.12 management fee | 04/04/2022 | |
| 142 | $795.94 | County Taxes | County Taxes | 04/11/2022 | |
| 143 | $6,500.00 | General Rehab Repairs | Sewer line replacement, health department case and citations we are appealing, gave us 10 days to start on replacement or they would fine $2500 daily. $13,000 total charge to Arthur | 05/11/2022 | |
| 144 | $1,747.23 | City Taxes | 07/18/2022 | ||
| 145 | $285.08 | Miscellaneous | 3 day hotel stay for tenant while repairing water leak | 08/07/2022 | |
| 146 | $296.04 | Miscellaneous | Additional hotel stay | 08/09/2022 | |
| 147 | $2,875.00 | Miscellaneous | Flooding preservation, cleanup and repairs. Insurance claim filed | 08/17/2022 | |
| 148 | $354.00 | Miscellaneous | Final hotel stay for tenant | 08/17/2022 | |
| 149 | $1,528.46 | Plumbing Repairs | Plumbing repairs and cleanup | 12/19/2022 | |
| 150 | $262.58 | Waste Bill | 02/23/2023 | ||
| 151 | $407.33 | City Taxes | 03/16/2023 | ||
| 152 | $1,093.40 | School Taxes | 05/08/2023 | ||
| 153 | $180.00 | Lawncare | lawn care, debris removal and tree trimming | 06/15/2023 | |
| 154 | $400.00 | Lawncare | City required lawncare and tree trimming | 07/06/2023 | |
| 155 | $80.00 | Lawncare | 07/11/2023 | ||
| 156 | $400.00 | Lawncare | Remainder of City required lawncare and tree trimming | 07/14/2023 | |
| 157 | $80.00 | Lawncare | 08/02/2023 | ||
| 158 | $2,265.47 | City Taxes | 08/21/2023 | ||
| 159 | $80.00 | Lawncare | August lawncare | 08/28/2023 | |
| 160 | $80.00 | Lawncare | Lawncare September | 10/02/2023 | |
| 161 | $375.00 | Miscellaneous | Secure, change locks and install lock box, prep for appraiser | 10/21/2023 | |
| 162 | $80.00 | Lawncare | October Lawncare | 10/27/2023 | |
| 163 | $750.00 | Miscellaneous | Appraisal fee | 12/16/2023 | |
| 164 | $240.00 | Rent | Nov, Dec, Jan lawncare | 01/04/2024 | |
| 165 | $135.00 | Miscellaneous | closing docs printing and notary | 02/19/2024 | |
| 166 | $1,712.00 | Miscellaneous | Escrowed sewer repair funds required for sale | 03/06/2024 | |
| Overall ROI : 21.99 % ROI (2017) : 1.27% ROI (2018) : 94.64% ROI (2019) : 59.96% ROI (2020) : 188.52% ROI (2021) : 102.77% ROI (2022) : 5.48% ROI (2023) : 0.00% ROI (2024) : 12.99% |
Overall Profit/Loss: -$87,979.53 Profit/Loss (2017) : -$67,891.65 Profit/Loss (2018) : -$403.98 Profit/Loss (2019) : -$1,481.29 Profit/Loss (2020) : -$3,940.63 Profit/Loss (2021) : -$138.01 Profit/Loss (2022) : -$14,140.47 Profit/Loss (2023) : -$6,533.78 Profit/Loss (2024) : -$1,607.00 |
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.
