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18545 GALLAGHER, DETROIT, 48234

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $6,200.00 Property Purchase Price 09/22/2017
2 $2,000.00 General Rehab Repairs 11/08/2017
3 $2,700.00 General Rehab Repairs 12/12/2017
4 $3,000.00 General Rehab Repairs 10/21/2018
5 $4,000.00 General Rehab Repairs 03/24/2019
6 $450.00 General Rehab Repairs 03/04/2020
7 $4,100.00 General Rehab Repairs 07/09/2021
Purchase price : $6200 Total Rehab Cost :$16,250.00 All-In Property Cost : $22,450.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $6,200.00 Property Purchase Price 09/22/2017
2 $729.00 County Taxes Summer tax 2017 09/22/2017
3 $2,000.00 General Rehab Repairs $13,000 bid approved - $2,000 paid 11/7 11/08/2017
4 $2,700.00 General Rehab Repairs Roof repairs $5,000 - $2,700 paid 12/11 12/12/2017
5 $150.00 Lawncare Spring lawn care 07/27/2018
6 $664.41 City Taxes City of Detroit 09/04/2018
7 $60.00 Lawncare 09/21/2018
8 $3,000.00 General Rehab Repairs $3000 paid Sharp on 10/20 10/21/2018
9 $60.00 Lawncare 12/04/2018
10 $52.25 City Taxes Detroit Winter Taxes 2019 01/25/2019
11 $4,000.00 General Rehab Repairs $4,000 paid Sharp on 3/24 03/24/2019
12 $326.22 City Taxes Autoagent 2019 Taxes paid by ACH 1st 1/2 payments 08/13/2019
13 $200.00 Miscellaneous Land bank inspection and notarized documentation 12/04/2019
14 $550.00 Eviction Expenses Show cause hearing, adjournment, options 12/06/2019
15 $650.00 Eviction Expenses Water department consulting and suit, hearing with Land Bank 12/06/2019
16 $375.66 City Taxes 2nd half summer 2019 + winter taxes 2020 01/10/2020
17 $725.00 Eviction Expenses Show cause hearing, adjournment, compliance assistance 01/24/2020
18 $285.58 Miscellaneous Rami & Martin expenses 02/10/2020
19 $50.00 Inspection Contractor bid, punchlist, inspection 02/25/2020
20 $450.00 General Rehab Repairs debris removal & city compliant 03/04/2020
21 $500.00 Inspection Land Bank reinstatement authorization fee 03/06/2020
22 $900.00 Miscellaneous 11-15-19 Prepare/Attend hearing 03/13/2020
23 $280.00 Miscellaneous Review emails Attend Show cause hearing 03/13/2020
24 $330.12 City Taxes 1st 1/2 summer city taxes 2020 AA 08/14/2020
25 $486.44 County Taxes Winter and partial Summer taxes 02/04/2021
26 $80.00 Lawncare March and April Lawncare 05/05/2021
27 $80.00 Lawncare May and June Lawncare 06/07/2021
28 $395.86 County Taxes 2021 Summer Tax 07/08/2021
29 $4,100.00 General Rehab Repairs $8,200 approved for Quintin. $4,100 paid 7/8/21. 07/09/2021
30 $100.00 Lawncare lawncare July and August 08/23/2021
31 $476.06 County Taxes Taxes Second installment 12/13/2021
32 $350.00 Miscellaneous Designated House-sitter for listing 12/16/2021
33 $120.00 Snow Removal Snow removal and lawncare twice 02/05/2022
34 $60.00 Lawncare Lawncare March 03/07/2022
35 $60.00 Lawncare Lawncare April 04/19/2022
36 $675.00 Miscellaneous Legal assistance pertaining to Land bank 04/22/2022
37 $60.00 Lawncare Lawncare May 05/04/2022
38 $120.00 Lawncare Lawncare June and July 07/05/2022
39 $60.00 Lawncare Lawncare August 08/15/2022
40 $60.00 Lawncare Lawncare September 09/09/2022
41 $60.00 Lawncare October lawn care 10/18/2022
42 $924.67 County Taxes 11/10/2022
43 $60.00 Lawncare November lawn care 11/21/2022
44 $60.00 Lawncare December lawn care 12/17/2022
45 $60.00 Lawncare January lawn care 01/03/2023
46 $73.40 City Taxes Winter tax payments 2022 01/04/2023
47 $60.00 Lawncare February lawn care 03/01/2023
48 $120.00 Lawncare March and April lawn care 04/06/2023
49 $60.00 Lawncare May lawn care 05/13/2023
50 $180.00 Lawncare June, July, August lawn care 08/23/2023
51 $862.70 County Taxes 2023 County Taxes 08/24/2023
52 $60.00 Lawncare September lawncare 09/06/2023
53 $120.00 Lawncare October and November lawncare 11/20/2023
54 $120.00 Lawncare December and January lawn care 01/04/2024
55 $562.45 County Taxes Wayne County Winter taxes 01/15/2024
56 $60.00 Lawncare Feb lawn care 02/12/2024
57 $120.00 Lawncare March / April lawncare 04/11/2024
58 $60.00 Lawncare May lawncare 05/06/2024
59 $945.00 Miscellaneous Land Bank debris removal and securing 05/24/2024
60 $60.00 Lawncare June lawncare 06/10/2024
61 $120.00 Lawncare Lawncare July and August 08/05/2024
62 $615.39 County Taxes 08/13/2024
63 $120.00 Lawncare Sept and Oct lawncare 10/16/2024
64 $60.00 Lawncare Nov 2024 lawncare 11/21/2024
65 $60.00 Lawncare Dec lawncare 12/09/2024
66 $60.00 Lawncare Jan 2025 Lawncare 01/03/2025
67 $797.04 County Taxes 01/14/2025
68 $250.00 Miscellaneous Land Bank rehab photos for compliance 02/05/2025
69 $60.00 Lawncare Feb Lawncare 02/07/2025
70 $60.00 Lawncare March 2025 lawncare 03/25/2025
71 $120.00 Lawncare April and May lawncare 05/06/2025
72 $180.00 Miscellaneous June, July, August lawncare 07/29/2025
73 $1,281.39 County Taxes County Taxes 08/13/2025
74 $180.00 Lawncare Sept, Oct, Nov lawncare 11/03/2025
75 $120.00 Lawncare Lawncare Dec and Jan 01/05/2026
76 $203.42 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: -$41,437.06
Profit/Loss (2017) : -$11,629.00 Profit/Loss (2018) : -$3,934.41 Profit/Loss (2019) : -$5,778.47 Profit/Loss (2020) : -$3,896.36 Profit/Loss (2021) : -$6,068.36 Profit/Loss (2022) : -$2,319.67 Profit/Loss (2023) : -$1,596.10 Profit/Loss (2024) : -$2,902.84 Profit/Loss (2025) : -$2,988.43 Profit/Loss (2026) : -$323.42
Total Admin Owed : $258.74
Total Client Owed : $0.00
Total Owed : $258.74

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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.