Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $6,200.00 | Property Purchase Price | 09/25/2017 |
| 2 | $1,000.00 | General Rehab Repairs | 01/24/2018 |
| 3 | $2,000.00 | General Rehab Repairs | 01/24/2018 |
| 4 | $4,000.00 | General Rehab Repairs | 02/01/2018 |
| 5 | $2,000.00 | General Rehab Repairs | 06/26/2018 |
| 6 | $2,000.00 | General Rehab Repairs | 11/10/2018 |
| 7 | $785.00 | General Rehab Repairs | 02/10/2019 |
| 8 | $2,350.00 | General Rehab Repairs | 03/22/2021 |
| Purchase price : $6200 | Total Rehab Cost :$14,135.00 | All-In Property Cost : $20,335.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $6,200.00 | Property Purchase Price | 09/25/2017 | ||
| 2 | $1,108.00 | County Taxes | Summer tax 2017 | 09/25/2017 | |
| 3 | $100.00 | Setup Fee | 11/17/2017 | ||
| 4 | $15.00 | Eviction Expenses | 30 day notice | 11/17/2017 | |
| 5 | $1,000.00 | General Rehab Repairs | Board up and resecure | 01/24/2018 | |
| 6 | $2,000.00 | General Rehab Repairs | $10,000 rehab approved - $2,000 paid Anthony Sharp on 1/24 | 01/24/2018 | |
| 7 | $4,000.00 | General Rehab Repairs | Anthony Sharp paid $4000 on 1/31 | 02/01/2018 | |
| 8 | $60.00 | Lawncare | 04/16/2018 | ||
| 9 | $60.00 | Lawncare | 05/12/2018 | ||
| 10 | $2,000.00 | General Rehab Repairs | $2000 paid Sharp on 6/25 | 06/26/2018 | |
| 11 | $1,048.41 | City Taxes | City of Detroit | 08/17/2018 | |
| 12 | $60.00 | Lawncare | 08/26/2018 | ||
| 13 | $600.00 | Curb Appeal Repairs | Debris removal, yard clean, minor repairs, cleaning, showing repairs | 09/06/2018 | |
| 14 | $60.00 | Lawncare | 09/21/2018 | ||
| 15 | $2,000.00 | General Rehab Repairs | Paid Sharp $2,000 on 11/11 | 11/10/2018 | |
| 16 | $60.00 | Lawncare | 12/04/2018 | ||
| 17 | $99.57 | City Taxes | Detroit Winter Taxes 2019 | 01/23/2019 | |
| 18 | $785.00 | General Rehab Repairs | Clear Boarding | 02/10/2019 | |
| 19 | $70.00 | Snow Removal | 02/22/2019 | ||
| 20 | $65.00 | Lawncare | 03/31/2019 | ||
| 21 | $350.00 | Curb Appeal Repairs | 04/08/2019 | ||
| 22 | $60.00 | Lawncare | 05/05/2019 | ||
| 23 | $150.00 | Registration Fee | Vacant property registration - city of Detroit | 05/27/2019 | |
| 24 | $250.00 | Curb Appeal Repairs | Lawncare & curb appeal for city registration | 05/30/2019 | |
| 25 | $60.00 | Lawncare | 06/03/2019 | ||
| 26 | $350.00 | Curb Appeal Repairs | Curb appeal repairs & lawncare | 06/27/2019 | |
| 27 | $544.76 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 28 | $125.00 | Lawncare | lawncare & property cleanup | 09/05/2019 | |
| 29 | $100.00 | Lawncare | 10/25/2019 | ||
| 30 | $646.68 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/21/2020 | |
| 31 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/06/2020 | |
| 32 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/22/2020 | |
| 33 | $552.82 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/16/2020 | |
| 34 | $787.34 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 35 | $2,350.00 | General Rehab Repairs | $4,700 approved. $2,350 paid Tyson on 3/21/21 | 03/22/2021 | |
| 36 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 37 | $150.00 | Miscellaneous | Closing notary, printing and mailing | 05/20/2021 | |
| 38 | $80.00 | Lawncare | May and June Lawncare | 06/07/2021 | |
| 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: -$28,363.16 Profit/Loss (2017) : -$7,423.00 Profit/Loss (2018) : -$12,948.41 Profit/Loss (2019) : -$3,009.33 Profit/Loss (2020) : -$1,535.08 Profit/Loss (2021) : -$3,447.34 |
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.
