Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $4,650.00 | Property Purchase Price | 06/02/2017 |
| 2 | $10,200.00 | General Rehab Repairs | 08/21/2018 |
| 3 | $5,100.00 | General Rehab Repairs | 05/18/2019 |
| Purchase price : $4650 | Total Rehab Cost :$15,300.00 | All-In Property Cost : $19,950.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 05/18/2017 | |
| 2 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 05/18/2017 | |
| 3 | $30.24 | Arcana Insurance Payment | Arcana April | 05/18/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana May | 05/18/2017 | |
| 5 | $4,650.00 | Property Purchase Price | 06/02/2017 | ||
| 6 | $101.10 | County Taxes | 06/09/2017 | ||
| 7 | $46.92 | County Taxes | 08/01/2017 | ||
| 8 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 9 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 10 | $5.65 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 11 | $46.17 | City Taxes | City of Detroit | 08/19/2018 | |
| 12 | $10,200.00 | General Rehab Repairs | $17,000 rehab approved. Property is in zip code requiring city compliance registration. Sharp doing major reduction in price for rehab. Sharp $5,100 paid on 8/21, $5100 paid on 8/28 | 08/21/2018 | |
| 13 | $5.65 | City Taxes | Detroit Winter Taxes 2019 | 01/22/2019 | |
| 14 | $5,100.00 | General Rehab Repairs | Sharp paid $5,100 on 5/17 | 05/18/2019 | |
| 15 | $150.00 | Registration Fee | Vacant property registration - city of Detroit | 05/27/2019 | |
| 16 | $24.24 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 17 | $100.00 | Lawncare | lawncare and curb appeal | 09/17/2019 | |
| 18 | $30.00 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/21/2020 | |
| 19 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 20 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 21 | $144.68 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/12/2020 | |
| 22 | $235.91 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 23 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 24 | $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: -$22,050.75 Profit/Loss (2017) : -$4,899.47 Profit/Loss (2018) : -$10,845.22 Profit/Loss (2019) : -$5,379.89 Profit/Loss (2020) : -$510.26 Profit/Loss (2021) : -$415.91 |
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.
