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18551 MACKAY, DETROIT, 48234

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $6,600.00 Property Purchase Price 09/22/2017
2 $3,600.00 General Rehab Repairs 07/19/2018
3 $3,600.00 General Rehab Repairs 08/17/2018
4 $2,600.00 General Rehab Repairs 10/17/2018
5 $2,200.00 General Rehab Repairs 07/06/2019
6 $2,750.00 General Rehab Repairs 04/12/2021
7 $2,750.00 General Rehab Repairs 04/14/2021
8 $850.00 General Rehab Repairs 12/17/2021
9 $1,400.00 General Rehab Repairs 07/20/2022
10 $1,350.00 General Rehab Repairs 01/03/2026
Purchase price : $6600 Total Rehab Cost :$21,100.00 All-In Property Cost : $27,700.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $6,600.00 Property Purchase Price 09/22/2017
2 $660.00 County Taxes Summer Tax 2017 09/22/2017
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 $200.00 Eviction Expenses prep writ/order eviction/prepare/attend hearing 06/29/2018
7 $3,600.00 General Rehab Repairs $12,000 approved. Sharp paid $3,600 on 7/19 07/19/2018
8 $1,000.00 Eviction Expenses Bailiff, debris removal 07/23/2018
9 $3,600.00 General Rehab Repairs Sharp paid $3,600 on 8/17 08/17/2018
10 $601.51 City Taxes City of Detroit 09/01/2018
11 $2,600.00 General Rehab Repairs Paid $2600 to Sharp on 10/17 10/17/2018
12 $44.48 City Taxes Detroit Winter Taxes 2019 01/17/2019
13 $2,200.00 General Rehab Repairs $2,200 paid Sharp on 7/7 07/06/2019
14 $619.85 City Taxes DivDat payment, full amount because payment didn't go thru on Autoagent 08/26/2019
15 $45.57 City Taxes Winter 2020 taxes paid by divdat 01/12/2020
16 $285.58 Miscellaneous Rami & Martin expenses 02/10/2020
17 $50.00 Inspection Contractor bid, punchlist, inspection 02/26/2020
18 $313.52 City Taxes 1st 1/2 summer city taxes 2020 - DivDat online payment 08/25/2020
19 $464.02 County Taxes Winter and partial Summer taxes 02/03/2021
20 $2,750.00 General Rehab Repairs Rehab bid approved $5,500. Tyson paid $2,750 on 4/12/21 04/12/2021
21 $2,750.00 General Rehab Repairs Tyson paid $2750 on 4/13/21 04/14/2021
22 $175.00 Inspection Before and After Rehab Inspection 04/24/2021
23 $80.00 Lawncare March and April Lawncare 05/05/2021
24 $80.00 Lawncare May and June Lawncare 06/08/2021
25 $375.97 County Taxes 2021 Summer Tax 07/08/2021
26 $100.00 Lawncare lawncare July and August 08/24/2021
27 $80.00 Lawncare Sept and Oct Lawncare 10/11/2021
28 $80.00 Lawncare Nov and Dec Lawncare 12/07/2021
29 $450.31 County Taxes Taxes Second installment 12/13/2021
30 $850.00 General Rehab Repairs Fire damage securing, boarding and debris removal for fire claim 12/17/2021
31 $40.00 Lawncare Jan Lawncare 01/13/2022
32 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
33 $60.00 Lawncare Lawncare March 03/07/2022
34 $60.00 Lawncare Lawncare April 04/19/2022
35 $60.00 Lawncare Lawncare May 05/04/2022
36 $120.00 Lockbox / ReKey Lawncare June and July 07/05/2022
37 $1,400.00 General Rehab Repairs Blight, debris, lawncare, boarding, and securing to remove from demo list 07/20/2022
38 $60.00 Lawncare Lawncare August 08/15/2022
39 $60.00 Lawncare Lawncare September 09/09/2022
40 $60.00 Lawncare October lawn care 10/18/2022
41 $887.80 County Taxes 11/10/2022
42 $60.00 Lawncare November lawn care 11/21/2022
43 $60.00 Lawncare December lawn care 12/17/2022
44 $60.00 Lawncare January lawn care 01/03/2023
45 $67.59 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 $818.25 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 $375.00 Miscellaneous secure, rekey, spruce up for appraisal access 11/23/2023
54 $120.00 Lawncare December and January lawn care 01/04/2024
55 $590.16 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 $1,075.00 Miscellaneous Detroit Appraisals 05/02/2024
59 $800.00 Miscellaneous Arthur staging and materials 05/02/2024
60 $60.00 Lawncare May lawncare 05/06/2024
61 $60.00 Lawncare June lawncare 06/10/2024
62 $120.00 Lawncare Lawncare July and August 08/05/2024
63 $606.25 County Taxes 08/13/2024
64 $120.00 Lawncare Sept and Oct lawncare 10/16/2024
65 $60.00 Lawncare Nov 2024 lawncare 11/21/2024
66 $60.00 Lawncare Dec lawncare 12/09/2024
67 $60.00 Lawncare Jan 2025 Lawncare 01/03/2025
68 $784.54 County Taxes 01/14/2025
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 $1,262.51 County Taxes County Taxes 08/13/2025
74 $180.00 Lawncare Sept, Oct, Nov lawncare 11/03/2025
75 $1,350.00 General Rehab Repairs BSEED debris removal 01/03/2026
76 $120.00 Lawncare Lawncare Dec and Jan 01/05/2026
77 $299.43 County Taxes County Tax 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: -$44,307.34
Profit/Loss (2017) : -$7,375.00 Profit/Loss (2018) : -$11,901.51 Profit/Loss (2019) : -$2,864.33 Profit/Loss (2020) : -$694.67 Profit/Loss (2021) : -$8,235.30 Profit/Loss (2022) : -$2,987.80 Profit/Loss (2023) : -$1,920.84 Profit/Loss (2024) : -$3,851.41 Profit/Loss (2025) : -$2,707.05 Profit/Loss (2026) : -$1,769.43
Total Admin Owed : $335.54
Total Client Owed : $0.00
Total Owed : $335.54

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.