×

19198 GILCHRIST, DETROIT, 48235

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 09/26/2017
2 $2,000.00 General Rehab Repairs 11/08/2017
3 $5,500.00 General Rehab Repairs 12/07/2017
4 $5,500.00 General Rehab Repairs 09/23/2021
Purchase price : $6600 Total Rehab Cost :$13,000.00 All-In Property Cost : $19,600.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $6,600.00 Property Purchase Price 09/26/2017
2 $806.00 County Taxes Summer tax 2017 09/26/2017
3 $2,000.00 General Rehab Repairs $13,000 bid approved - $2,000 paid 11/7 11/08/2017
4 $5,500.00 General Rehab Repairs 2nd progress payment $5,500 paid 12/6 (Anthony Sharp) 12/07/2017
5 $4.29 County Taxes 2017 Winter Tax 02/02/2018
6 $100.00 Setup Fee 03/05/2018
7 $732.34 City Taxes City of Detroit 09/03/2018
8 $60.00 Lawncare 09/26/2018
9 $79.36 City Taxes Detroit Winter Taxes 2019 01/20/2019
10 $380.71 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/21/2019
11 $461.96 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/22/2020
12 $285.58 Miscellaneous Rami & Martin expenses 01/31/2020
13 $50.00 Inspection Contractor bid, punchlist, inspection 02/21/2020
14 $385.65 City Taxes 1st 1/2 summer city taxes 2020 AA 08/15/2020
15 $581.09 County Taxes Winter and partial Summer taxes 02/04/2021
16 $80.00 Lawncare March and April Lawncare 05/05/2021
17 $80.00 Lawncare May and June Lawncare 06/07/2021
18 $467.12 County Taxes 2021 Summer Tax 07/08/2021
19 $100.00 Lawncare lawncare July and August 08/23/2021
20 $5,500.00 General Rehab Repairs $5500 approved Tyson. Paid $2750 on 9/23/21. $2750 paid Tyson on 10/4/21 09/23/2021
21 $175.00 Inspection Before and after rehab inspection 10/06/2021
22 $591.30 County Taxes Taxes Second installment 12/13/2021
23 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
24 $60.00 Lawncare Lawncare March 03/07/2022
25 $60.00 Lawncare Lawncare April 04/19/2022
26 $60.00 Lawncare Lawncare May 05/04/2022
27 $120.00 Lawncare Lawncare June and July 07/05/2022
28 $60.00 Lawncare Lawncare August 08/15/2022
29 $60.00 Lawncare Lawncare September 09/09/2022
30 $60.00 Lawncare October lawn care 10/18/2022
31 $60.00 Lawncare November lawn care 11/21/2022
32 $250.00 Lockbox / ReKey Property posting, rekey, lockbox for buyer showings 11/21/2022
33 $60.00 Lawncare December lawn care 12/17/2022
34 $60.00 Lawncare January lawn care 01/03/2023
35 $60.00 Lawncare February lawn care 03/01/2023
36 $120.00 Lawncare March and April lawn care 04/06/2023
37 $175.00 Miscellaneous Notary and closing 05/04/2023
38 $350.00 Miscellaneous TC and underwriter fee 05/04/2023
39 $350.00 Miscellaneous Rekey and debris removal for sale 05/04/2023
40 $25,591.36 Miscellaneous Profit Cash sale 07/07/2023
Overall ROI : 94.62 %
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) : 2,295.19%
Overall Profit/Loss: -$1,454.04
Profit/Loss (2017) : -$14,906.00 Profit/Loss (2018) : -$896.63 Profit/Loss (2019) : -$460.07 Profit/Loss (2020) : -$1,183.19 Profit/Loss (2021) : -$7,574.51 Profit/Loss (2022) : -$910.00 Profit/Loss (2023) : -$24,476.36
Total Admin Owed : $0.00
Total Client Owed : $0.00
Total Owed : $0.00

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.