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18976 ALBION, DETROIT, 48234

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $7,200.00 Property Purchase Price 09/22/2017
2 $4,800.00 General Rehab Repairs 09/26/2018
3 $2,400.00 General Rehab Repairs 09/29/2018
4 $2,400.00 General Rehab Repairs 10/26/2018
5 $2,400.00 General Rehab Repairs 12/08/2018
6 $5,500.00 General Rehab Repairs 02/08/2021
Purchase price : $7200 Total Rehab Cost :$17,500.00 All-In Property Cost : $24,700.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $7,200.00 Property Purchase Price 09/22/2017
2 $393.00 County Taxes Summer tax 2017 09/22/2017
3 $355.47 City Taxes City of Detroit 09/03/2018
4 $60.00 Lawncare 09/25/2018
5 $4,800.00 General Rehab Repairs $12,000 approved. City Dangerous building compliance required 09/26/2018
6 $2,400.00 General Rehab Repairs $2400 paid Sharp on 9/28 09/29/2018
7 $2,400.00 General Rehab Repairs $2400 paid Sharp on 10/26 10/26/2018
8 $60.00 Lawncare 11/15/2018
9 $2,400.00 General Rehab Repairs $2400 paid Sharp on 12/7 12/08/2018
10 $14.19 City Taxes Detroit Winter Taxes 2019 01/20/2019
11 $180.66 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/14/2019
12 $195.18 City Taxes 2nd 1/2 summer 2019 + winter 2020 taxes 01/16/2020
13 $285.58 Miscellaneous Rami & Martin expenses 02/07/2020
14 $50.00 Inspection Contractor bid, punchlist, inspection 02/25/2020
15 $181.81 City Taxes 1st 1/2 summer city taxes 2020 AA 08/12/2020
16 $286.07 County Taxes Winter and partial Summer taxes 02/04/2021
17 $5,500.00 General Rehab Repairs $5500 approved. $2750 paid Tyson on 2/8/21, $2750 paid Tyson on 2/10/21 02/08/2021
18 $175.00 Inspection Before and after rehab inspections 02/12/2021
19 $851.21 Final Funds (Purchase) Closing funds - $26,936.96 spent at closing. 46k Land contract 05/21/2021
20 $100.00 Miscellaneous notary, printing, closing 05/22/2021
21 $350.00 Miscellaneous Remove squatter for closing 05/24/2021
22 $1,250.00 Miscellaneous TC fee, underwriter, and commission 05/28/2021
23 $428.00 Rent Mortgage payment 6/20/21 08/16/2021
24 $498.00 Rent Mortgage payment 7/20/21 08/16/2021
25 $498.00 Rent Mortgage payment 8/20/21 09/13/2021
26 $498.00 Rent Mortgage payment 9/20/21 11/02/2021
27 $498.00 Rent Mortgage payment 10/20/21 11/29/2021
28 $498.00 Rent Mortgage payment 11/2/21 12/14/2021
29 $498.00 Rent Mortgage payment 12/20/21 01/14/2022
30 $498.00 Rent Mortgage payment 1/20/22 02/22/2022
31 $498.00 Rent Mortgage payment 2/20/22 03/21/2022
32 $498.00 Rent Mortgage payment 3/20/22 05/09/2022
33 $498.00 Rent Mortgage payment 4/20/22 06/20/2022
34 $498.00 Rent Mortgage payment 5/20/22 07/06/2022
35 $498.00 Rent Mortgage payment 6/20/22 08/16/2022
36 $498.00 Rent Mortgage payment 8/20/22 10/06/2022
37 $498.00 Rent Mortgage payment 9/20/22 10/06/2022
38 $225.00 Rent Mortgage payment 9/13/22 10/06/2022
39 $498.00 Rent Mortgage payment 7/20/22 10/06/2022
40 $523.00 Rent Mortgage payment 10/20/22 11/29/2022
41 $523.00 Rent 11/20/22 02/13/2023
42 $523.00 Rent 12/20/22 03/23/2023
43 $498.00 Rent Mortgage payment 1/20/23 04/08/2023
44 $996.00 Rent Mortgage payments 2/20/23 and 3/20/23 05/05/2023
45 $498.00 Rent Mortgage payment 4/20/23 06/26/2023
46 $498.00 Rent Mortgage payment 6/20/23 09/14/2023
47 $498.00 Rent Mortgage payment 7/20/23 10/20/2023
48 $498.00 Rent Mortgage payment 8/20/23 11/15/2023
49 $50.00 Rent Mortgage payment 10/30/23 11/15/2023
50 $498.00 Rent Mortgage statement 9/20/23 12/20/2023
51 $498.00 Rent Mortgage payment 10/20/23 01/23/2024
52 $498.00 Rent Mortgage payment 11/20/23 02/08/2024
53 $498.00 Rent Mortgage payment 12/20/23 03/06/2024
54 $498.00 Rent Mortgage payment 1/20/24 04/10/2024
55 $523.00 Rent Mortgage payment 2/20/24 05/10/2024
56 $498.00 Rent Mortgage payment 3/20/24 06/10/2024
57 $523.00 Rent Mortgage payment 4/20/24 06/24/2024
58 $498.00 Rent Mortgage payment 5/20/24 08/08/2024
59 $498.00 Rent Mortgage payment 6/20/24 09/06/2024
60 $523.00 Rent Mortgage payment 7/20/24 10/14/2024
61 $548.00 Rent Mortgage payment 8/20/24 11/08/2024
62 $498.00 Rent Mortgage payment 9/20/24 12/12/2024
63 $523.00 Rent mortgage payment 10/20/24 01/13/2025
64 $498.00 Rent Mortgage payment 11/20/24 02/10/2025
65 $498.00 Rent Mortgage payment 12/20/24 03/17/2025
66 $498.00 Rent Mortgage payment 1/20/25 04/21/2025
67 $498.00 Rent Mortgage 2/20/25 05/13/2025
68 $498.00 Rent Mortgage payment 3/20/25 05/22/2025
69 $498.00 Rent Mortgage payment 5/20/25 07/29/2025
70 $573.00 Rent Mortgage payment 6/20/25 08/20/2025
71 $498.00 Rent Mortgage payment 7/20/25 10/02/2025
72 $548.00 Rent Mortgage payment 8/20/25 11/14/2025
73 $523.00 Rent Mortgage payment 9/20/25 12/11/2025
74 $523.00 Rent Mortgage payment 10/20/25 12/26/2025
75 $498.00 Rent Mortgage payment 11/20/25 02/04/2026
76 $498.00 Rent Mortgage payment 12/20/25 02/21/2026
Overall ROI : 91.56 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 34.28% ROI (2022) : inf% ROI (2023) : inf% ROI (2024) : inf% ROI (2025) : inf% ROI (2026) : inf%
Overall Profit/Loss: -$2,489.17
Profit/Loss (2017) : -$7,593.00 Profit/Loss (2018) : -$12,475.47 Profit/Loss (2019) : -$194.85 Profit/Loss (2020) : -$712.57 Profit/Loss (2021) : -$5,594.28 Profit/Loss (2022) : -$5,728.00 Profit/Loss (2023) : -$5,080.00 Profit/Loss (2024) : -$6,101.00 Profit/Loss (2025) : -$6,176.00 Profit/Loss (2026) : -$996.00
Total Admin Owed : $0.00
Total Client Owed : $0.00
Total Owed : $0.00

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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.