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11451 Laing Detroit, MI

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $16,370.00 Property Purchase Price (including Closing Costs) 08/01/2017
2 $3,300.00 General Rehab Repairs 02/23/2018
3 $4,000.00 General Rehab Repairs 03/06/2018
4 $2,500.00 General Rehab Repairs 10/19/2018
Purchase price : $16370 Total Rehab Cost :$9,800.00 All-In Property Cost : $26,170.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $16,370.00 Property Purchase Price (including Closing Costs) Total Purchase Price ($12,200) with closing costs and rehab 08/01/2017
2 $2.94 Arcana Insurance Payment Arcana 05/18/2017
3 $29.27 Arcana Insurance Payment Arcana 05/18/2017
4 $30.24 Arcana Insurance Payment Arcana 05/18/2017
5 $29.27 Arcana Insurance Payment Arcana 05/18/2017
6 $30.24 Arcana Insurance Payment Arcana 05/18/2017
7 $30.24 Arcana Insurance Payment Arcana Insurance Feb 05/18/2017
8 $27.30 Arcana Insurance Payment Arcana March 2017 05/18/2017
9 $30.24 Arcana Insurance Payment Arcana April 05/18/2017
10 $29.27 Arcana Insurance Payment Arcana May 05/18/2017
11 $81.99 County Taxes 2016 06/09/2017
12 $865.96 County Taxes 2017 08/17/2017
13 $118.68 Arcana Insurance Payment June, July, Aug 09/14/2017
14 $356.04 Arcana Insurance Payment Arcana 8/29/17 to 8/29/18 09/14/2017
15 $75.86 County Taxes 2017 Winter Tax 02/02/2018
16 $3,300.00 General Rehab Repairs $11,000 bid approved for Anthony Sharp. $3300 paid on 2/22 02/23/2018
17 $100.00 Setup Fee 03/05/2018
18 $100.00 Utility Turn On Power, Gas 03/05/2018
19 $4,000.00 General Rehab Repairs Paid $4000 to Anthony Sharp on 3/5 03/06/2018
20 $9.11 Electricity Bill 04/04/2018
21 $60.00 Lawncare 04/16/2018
22 $60.00 Lawncare 05/12/2018
23 $9.58 Electricity Bill 05/16/2018
24 $8.99 Electricity Bill 05/31/2018
25 $81.92 City Taxes Detroit city taxes 2017 06/25/2018
26 $8.81 Electricity Bill 07/02/2018
27 $868.83 City Taxes City of Detroit 08/14/2018
28 $8.81 Electricity Bill DTE Power bill 08/22/2018
29 $868.83 City Taxes City of Detroit 09/04/2018
30 $60.00 Lawncare 09/05/2018
31 $8.81 Electricity Bill DTE 09/19/2018
32 $60.00 Lawncare 09/21/2018
33 $8.81 Electricity Bill DTE 10/12/2018
34 $356.04 Arcana Insurance Payment 2018 Arcana Insurance Annual renewal expenses 10/19/2018
35 $2,500.00 General Rehab Repairs Sharp paid $2500 on 10/18 10/19/2018
36 $8.81 Electricity Bill DTE bill 11/13/2018
37 $60.00 Lawncare 12/04/2018
38 $77.42 City Taxes Detroit Winter Taxes 2019 01/24/2019
39 $17.96 Electricity Bill DTE 02/12/2019
40 $17.79 Electricity Bill DTE 03/08/2019
41 $4.11 Electricity Bill DTE 04/15/2019
42 $450.42 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/20/2019
43 $195.00 Registration Fee 11/15/2019
44 $529.68 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/19/2020
45 $285.58 Miscellaneous Rami & Martin expenses 02/11/2020
46 $50.00 Inspection Contractor bid, punchlist, inspection 02/27/2020
47 $456.66 City Taxes 1st 1/2 summer city taxes 2020 AA 08/16/2020
48 $657.42 County Taxes Winter and partial Summer taxes 02/04/2021
49 $80.00 Lawncare March and April Lawncare 05/05/2021
50 $120.00 Miscellaneous Closing Notary, Copies, Mailing 06/04/2021
51 $80.00 Lawncare May and June Lawncare 06/07/2021
52 $23,912.44 Miscellaneous Profit Closing funds from 25k sale 06/08/2021
Overall ROI : 71.01 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 2,550.88%
Overall Profit/Loss: -$9,764.49
Profit/Loss (2017) : -$18,031.68 Profit/Loss (2018) : -$12,623.21 Profit/Loss (2019) : -$762.70 Profit/Loss (2020) : -$1,321.92 Profit/Loss (2021) : -$22,975.02
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.