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12552 Laing Detroit, MI

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $2,064.00 Property Purchase Price 08/05/2017
2 $3,400.00 General Rehab Repairs 08/05/2017
3 $6,400.00 General Rehab Repairs 11/21/2017
4 $1,500.00 Plumbing Repairs 11/08/2019
Purchase price : $2064 Total Rehab Cost :$11,300.00 All-In Property Cost : $13,364.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $14.64 Arcana Insurance Payment Arcana Insurance Feb 08/05/2017
2 $27.30 Arcana Insurance Payment Arcana March 2017 08/05/2017
3 $30.24 Arcana Insurance Payment Arcana April 08/05/2017
4 $29.27 Arcana Insurance Payment Arcana May 08/05/2017
5 $2,064.00 Property Purchase Price 08/05/2017
6 $145.05 County Taxes 08/05/2017
7 $3,400.00 General Rehab Repairs Total job is $17,000 - $3400 paid 6/15 (20% initial) 08/05/2017
8 $25.00 Utility Turn On 08/05/2017
9 $25.00 Utility Turn On 08/05/2017
10 $150.00 Water Bill Water Deposit - Landlord Account 08/05/2017
11 $858.16 County Taxes 08/05/2017
12 $6,400.00 General Rehab Repairs $6400 paid 11/21 11/21/2017
13 $356.04 Miscellaneous Arcana 2018 Renewal 01/29/2018
14 $237.36 Arcana Insurance Payment 2017 Remainder 01/29/2018
15 $279.03 Electricity Bill 03/02/2018
16 $860.92 City Taxes City of Detroit 08/15/2018
17 $76.45 City Taxes Detroit Winter Taxes 2019 01/24/2019
18 $101.91 County Taxes Wayne County Treasurer 02/28/2019
19 $212.90 County Taxes Wayne County Treasurer 06/25/2019
20 $70.00 Lawncare grass cut brush removal 07/23/2019
21 $446.23 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/20/2019
22 $1,500.00 Plumbing Repairs 11/08/2019
23 $524.51 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/19/2020
24 $285.58 Miscellaneous Rami & Martin expenses 02/11/2020
25 $50.00 Inspection Contractor bid, punchlist, inspection 02/26/2020
26 $904.78 City Taxes Detroit Summer Taxes 2020 DivDat payment because AA didn't convert parcel # 08/12/2020
27 $152.11 County Taxes Winter and partial Summer taxes 02/04/2021
28 $80.00 Lawncare March and April Lawncare 05/05/2021
29 $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: -$19,406.48
Profit/Loss (2017) : -$13,168.66 Profit/Loss (2018) : -$1,733.35 Profit/Loss (2019) : -$2,407.49 Profit/Loss (2020) : -$1,764.87 Profit/Loss (2021) : -$332.11
Total Admin Owed : $0.00
Total Client Owed : $0.00
Total Owed : $0.00

Map Location

Turning Affordable Property Investments into Sustainable Passive Income Production

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.