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12652 Duchess Detroit, MI

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $2,972.00 Property Purchase Price 11/08/2017
2 $4,400.00 General Rehab Repairs 02/01/2018
Purchase price : $2972 Total Rehab Cost :$4,400.00 All-In Property Cost : $7,372.00

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 11/08/2017
2 $30.24 Arcana Insurance Payment Arcana April 11/08/2017
3 $29.27 Arcana Insurance Payment Arcana May 11/08/2017
4 $2,972.00 Property Purchase Price 11/08/2017
5 $27.30 Arcana Insurance Payment Arcana March 2017 11/08/2017
6 $146.77 County Taxes 11/08/2017
7 $865.96 County Taxes 11/08/2017
8 $200.00 Eviction Expenses Attorney fees - Eviction 01/27/2018
9 $356.04 Miscellaneous Arcana 2018 Renewal 01/29/2018
10 $237.36 Arcana Insurance Payment 2017 Remainder 01/29/2018
11 $4,400.00 General Rehab Repairs $11,000 bid approved for Anthony Sharp. Sharp paid $4,400 on 1/31 02/01/2018
12 $75.86 County Taxes 2017 Winter Tax 02/02/2018
13 $81.92 City Taxes Detroit city taxes 2017 06/25/2018
14 $868.63 City Taxes City of Detroit 08/15/2018
15 $150.00 Registration Fee Vacant property registration - city of Detroit 05/27/2019
16 $83.86 County Taxes Wayne County Treasurer 06/18/2019
17 $450.42 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/19/2019
18 $100.00 Lawncare lawncare and curb appeal 09/17/2019
19 $529.68 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 02/27/2020
22 $217.18 Electricity Bill DTE 02/28/2020
23 $913.31 City Taxes Detroit Summer Taxes 2020 DivDat payment due to AA not able to convert parcel # 08/11/2020
24 $153.17 County Taxes Winter and partial Summer taxes 02/04/2021
25 $80.00 Lawncare March and April Lawncare 05/05/2021
26 $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: -$13,419.19
Profit/Loss (2017) : -$4,086.18 Profit/Loss (2018) : -$6,219.81 Profit/Loss (2019) : -$784.28 Profit/Loss (2020) : -$1,995.75 Profit/Loss (2021) : -$333.17
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.