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11814 Duchess Detroit, MI

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $2,971.00 Property Purchase Price 09/27/2017
2 $10,200.00 General Rehab Repairs 09/27/2017
3 $5,800.00 General Rehab Repairs 11/08/2017
4 $2,650.00 General Rehab Repairs 01/15/2021
5 $2,650.00 General Rehab Repairs 01/25/2021
Purchase price : $2971 Total Rehab Cost :$21,300.00 All-In Property Cost : $24,271.00

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 09/27/2017
2 $27.30 Arcana Insurance Payment Arcana March 2017 09/27/2017
3 $30.24 Arcana Insurance Payment Arcana April 09/27/2017
4 $29.27 Arcana Insurance Payment Arcana May 09/27/2017
5 $2,971.00 Property Purchase Price 09/27/2017
6 $105.85 County Taxes 09/27/2017
7 $795.55 County Taxes 09/27/2017
8 $10,200.00 General Rehab Repairs $17,000 bid approved. $3,400 (20%) paid 8/11 *Paid $3,400 on 8/27 *$3,400 paid 9/16 09/27/2017
9 $5,800.00 General Rehab Repairs $3,400 progress payment paid 9/27. $2,400 paid 10/9 11/08/2017
10 $356.04 Miscellaneous Arcana 2018 Renewal 01/29/2018
11 $237.36 Arcana Insurance Payment 2017 Remainder 01/29/2018
12 $67.31 County Taxes 2017 Winter Tax 02/02/2018
13 $72.69 City Taxes Detroit city taxes 2017 06/26/2018
14 $798.08 City Taxes City of Detroit 08/15/2018
15 $68.72 City Taxes Detroit Winter Taxes 2019 01/31/2019
16 $102.22 County Taxes Wayne County Treasurer - cashier's check 06/07/2019
17 $413.20 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/19/2019
18 $195.00 Registration Fee 11/15/2019
19 $483.54 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/19/2020
20 $285.58 Miscellaneous Rami & Martin expenses 02/11/2020
21 $50.00 Inspection Contractor bid, punchlist, inspection 02/26/2020
22 $418.76 City Taxes 1st 1/2 summer city taxes 2020 AA 08/13/2020
23 $2,650.00 General Rehab Repairs $5300 approved. $2650 paid Tyson on 1/14/21 01/15/2021
24 $2,650.00 General Rehab Repairs $2650 final payment to Tyson on 1/24/21 01/25/2021
25 $175.00 Inspection Before and after rehab inspection 02/02/2021
26 $606.21 County Taxes Winter and partial Summer taxes 02/04/2021
27 $80.00 Lawncare March and April Lawncare 05/05/2021
28 $80.00 Lawncare May and June Lawncare 06/08/2021
29 $502.10 County Taxes 2021 Summer Tax 07/08/2021
30 $100.00 Lawncare lawncare July and August 08/24/2021
31 $80.00 Lawncare Sept and Oct Lawncare 10/11/2021
32 $80.00 Lawncare Nov and Dec Lawncare 12/07/2021
33 $613.68 County Taxes Taxes Second installment 12/13/2021
34 $350.00 Miscellaneous Designated House-sitter for listing 12/16/2021
35 $40.00 Lawncare Jan Lawncare 01/13/2022
36 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
37 $60.00 Lawncare Lawncare March 03/07/2022
38 $60.00 Lawncare Lawncare April 04/19/2022
39 $60.00 Lawncare Lawncare May 05/04/2022
40 $120.00 Lawncare Lawncare June and July 07/05/2022
41 $60.00 Lawncare Lawncare August 08/15/2022
42 $60.00 Lawncare Lawncare September 09/09/2022
43 $23,807.00 Miscellaneous Profit Sale to Ali 09/26/2022
44 $75.00 Miscellaneous Notary, copies, overnight 09/26/2022
Overall ROI : 74.20 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : 4,001.18%
Overall Profit/Loss: -$8,277.34
Profit/Loss (2017) : -$19,973.85 Profit/Loss (2018) : -$1,531.48 Profit/Loss (2019) : -$779.14 Profit/Loss (2020) : -$1,237.88 Profit/Loss (2021) : -$7,966.99 Profit/Loss (2022) : -$23,212.00
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.