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16004 LAPPIN, DETROIT, 48205

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $7,700.00 Property Purchase Price 09/25/2017
2 $8,400.00 General Rehab Repairs 06/28/2018
3 $2,400.00 General Rehab Repairs 02/27/2019
4 $2,250.00 General Rehab Repairs 10/11/2021
5 $2,250.00 General Rehab Repairs 10/14/2021
Purchase price : $7700 Total Rehab Cost :$15,300.00 All-In Property Cost : $23,000.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $7,700.00 Property Purchase Price 09/25/2017
2 $1,073.00 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 $300.00 Eviction Expenses Prep/file summons/complaint 04/15/2018
6 $8,400.00 General Rehab Repairs $12,000 total budget approved. Sharp paid $4200 on 6/28. $4200 on 7/7 06/28/2018
7 $200.00 Eviction Expenses prep writ/order eviction/prepare/attend hearing 06/29/2018
8 $902.12 City Taxes City of Detroit 09/01/2018
9 $60.00 Lawncare 09/25/2018
10 $81.54 City Taxes Detroit Winter Taxes 2019 01/17/2019
11 $70.00 Snow Removal 02/22/2019
12 $2,400.00 General Rehab Repairs $2400 paid Sharp on 2/27 02/27/2019
13 $65.00 Lawncare 04/01/2019
14 $60.00 Lawncare 05/07/2019
15 $60.00 Lawncare 06/04/2019
16 $467.87 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/15/2019
17 $551.33 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/17/2020
18 $285.58 Miscellaneous Rami & Martin expenses 02/07/2020
19 $50.00 Inspection Contractor bid, punchlist, inspection 02/25/2020
20 $474.47 City Taxes 1st 1/2 summer city taxes 2020 AA 08/19/2020
21 $681.46 County Taxes Winter and partial Summer taxes 02/04/2021
22 $80.00 Lawncare March and April Lawncare 05/05/2021
23 $80.00 Lawncare May and June Lawncare 06/07/2021
24 $568.91 County Taxes 2021 Summer Tax 07/08/2021
25 $100.00 Lawncare lawncare July and August 08/23/2021
26 $2,250.00 General Rehab Repairs $4,500 approved. Tyson paid $2,250 on 10/11/21. 10/11/2021
27 $2,250.00 General Rehab Repairs $2,250 paid Tyson to complete rehab on 10/13/21 10/14/2021
28 $175.00 Inspection Before and after rehab inspection 10/28/2021
29 $700.19 County Taxes Taxes Second installment 12/13/2021
30 $350.00 Miscellaneous Designated House-sitter for listing 12/16/2021
31 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
32 $60.00 Lawncare Lawncare March 03/07/2022
33 $60.00 Lawncare Lawncare April 04/19/2022
34 $60.00 Lawncare Lawncare May 05/04/2022
35 $120.00 Lawncare Lawncare June and July 07/05/2022
36 $1,167.54 County Taxes 08/15/2022
37 $60.00 Lawncare Lawncare August 08/15/2022
38 $60.00 Lawncare Lawncare September 09/09/2022
39 $60.00 Lawncare October lawn care 10/18/2022
40 $60.00 Lawncare November lawn care 11/21/2022
41 $250.00 Lockbox / ReKey Property posting, rekey, lockbox for buyer showings 11/21/2022
42 $425.00 Miscellaneous Eviction and foreclosure support 11/30/2022
43 $60.00 Lawncare December lawn care 12/17/2022
44 $60.00 Lawncare January lawn care 01/03/2023
45 $403.87 City Taxes Winter tax payments 2022 01/04/2023
46 $60.00 Lawncare February lawn care 03/01/2023
47 $120.00 Lawncare March and April lawn care 04/06/2023
48 $60.00 Lawncare May lawn care 05/13/2023
49 $180.00 Lawncare June, July, August lawn care 08/23/2023
50 $2,118.75 County Taxes 2023 County Taxes 08/24/2023
51 $60.00 Lawncare September lawncare 09/06/2023
52 $120.00 Lawncare October and November lawncare 11/20/2023
53 $120.00 Lawncare December and January lawn care 01/04/2024
54 $262.41 County Taxes Wayne County Winter taxes 01/15/2024
55 $60.00 Lawncare Feb lawn care 02/12/2024
56 $120.00 Lawncare March / April lawncare 04/11/2024
57 $60.00 Lawncare May lawncare 05/06/2024
58 $60.00 Lawncare June lawncare 06/10/2024
59 $120.00 Lawncare Lawncare July and August 08/05/2024
60 $1,064.40 County Taxes 08/13/2024
61 $120.00 Lawncare Sept and Oct lawncare 10/16/2024
62 $60.00 Lawncare Nov 2024 lawncare 11/21/2024
63 $60.00 Lawncare Dec lawncare 12/09/2024
64 $60.00 Lawncare Jan 2025 Lawncare 01/03/2025
65 $1,412.58 County Taxes 01/14/2025
66 $60.00 Lawncare Feb Lawncare 02/07/2025
67 $60.00 Lawncare March 2025 lawncare 03/25/2025
68 $120.00 Lawncare April and May lawncare 05/06/2025
69 $180.00 Miscellaneous June, July, August lawncare 07/29/2025
70 $2,209.15 County Taxes County Taxes 08/13/2025
71 $180.00 Lawncare Sept, Oct, Nov lawncare 11/03/2025
72 $120.00 Lawncare Lawncare Dec and Jan 01/05/2026
73 $400.91 County Taxes 01/20/2026
Overall ROI : 0.00 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : 0.00% ROI (2023) : 0.00% ROI (2024) : 0.00% ROI (2025) : 0.00% ROI (2026) : 0.00%
Overall Profit/Loss: -$43,146.08
Profit/Loss (2017) : -$8,888.00 Profit/Loss (2018) : -$9,862.12 Profit/Loss (2019) : -$3,204.41 Profit/Loss (2020) : -$1,361.38 Profit/Loss (2021) : -$7,235.56 Profit/Loss (2022) : -$2,502.54 Profit/Loss (2023) : -$3,182.62 Profit/Loss (2024) : -$2,106.81 Profit/Loss (2025) : -$4,281.73 Profit/Loss (2026) : -$520.91
Total Admin Owed : $416.73
Total Client Owed : $0.00
Total Owed : $416.73

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.