Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $2,700.00 | Property Purchase Price | 10/31/2017 |
| 2 | $4,200.00 | General Rehab Repairs | 12/14/2018 |
| 3 | $3,000.00 | General Rehab Repairs | 12/22/2018 |
| 4 | $4,200.00 | General Rehab Repairs | 12/28/2018 |
| 5 | $3,600.00 | General Rehab Repairs | 01/25/2019 |
| Purchase price : $2700 | Total Rehab Cost :$15,000.00 | All-In Property Cost : $17,700.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $2,700.00 | Property Purchase Price | 10/31/2017 | ||
| 2 | $961.00 | County Taxes | Summer taxes 2017 | 10/31/2017 | |
| 3 | $876.72 | City Taxes | City of Detroit | 09/02/2018 | |
| 4 | $60.00 | Lawncare | 09/24/2018 | ||
| 5 | $60.00 | Lawncare | 11/15/2018 | ||
| 6 | $4,200.00 | General Rehab Repairs | $17,000 budget approved. Sharp paid $4,200 on 12/14 | 12/14/2018 | |
| 7 | $3,000.00 | General Rehab Repairs | Sharp paid $3,000 on 12/22 | 12/22/2018 | |
| 8 | $4,200.00 | General Rehab Repairs | Sharp paid $4,200 on 12/28 | 12/28/2018 | |
| 9 | $78.40 | City Taxes | Detroit Winter Taxes 2019 | 01/20/2019 | |
| 10 | $3,600.00 | General Rehab Repairs | Sharp paid $3,600 on 1/25 | 01/25/2019 | |
| 11 | $454.52 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payments | 08/14/2019 | |
| 12 | $534.79 | City Taxes | 2nd 1/2 summer 2019 + winter 2020 taxes | 01/16/2020 | |
| 13 | $285.58 | Miscellaneous | Rami & Martin expenses | 01/31/2020 | |
| 14 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/19/2020 | |
| 15 | $460.84 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 16 | $663.08 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 17 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 18 | $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: -$22,364.93 Profit/Loss (2017) : -$3,661.00 Profit/Loss (2018) : -$12,396.72 Profit/Loss (2019) : -$4,132.92 Profit/Loss (2020) : -$1,331.21 Profit/Loss (2021) : -$843.08 |
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.
