Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $8,500.00 | Property Purchase Price | 09/25/2017 |
| 2 | $5,000.00 | General Rehab Repairs | 08/03/2018 |
| 3 | $5,000.00 | General Rehab Repairs | 08/16/2018 |
| 4 | $3,500.00 | General Rehab Repairs | 10/10/2018 |
| 5 | $1,500.00 | General Rehab Repairs | 02/16/2019 |
| 6 | $200.00 | General Rehab Repairs | 08/22/2019 |
| Purchase price : $8500 | Total Rehab Cost :$15,200.00 | All-In Property Cost : $23,700.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $8,500.00 | Property Purchase Price | 09/25/2017 | ||
| 2 | $1,000.00 | County Taxes | Summer tax 2017 | 09/25/2017 | |
| 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 | 06/29/2018 | |
| 6 | $5,000.00 | General Rehab Repairs | $15,000 approved. Sharp paid $5,000 on 8/2 | 08/03/2018 | |
| 7 | $5,000.00 | General Rehab Repairs | Sharp paid $5,000 on 8/16 | 08/16/2018 | |
| 8 | $1,002.41 | City Taxes | City of Detroit | 09/02/2018 | |
| 9 | $3,500.00 | General Rehab Repairs | Sharp paid $3500 on 10/9 | 10/10/2018 | |
| 10 | $93.90 | City Taxes | Detroit Winter Taxes 2019 | 01/18/2019 | |
| 11 | $1,500.00 | General Rehab Repairs | Sharp paid $1,500 on 2/16 | 02/16/2019 | |
| 12 | $350.00 | Curb Appeal Repairs | 04/08/2019 | ||
| 13 | $511.11 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/15/2019 | |
| 14 | $200.00 | General Rehab Repairs | Debris removal from vandalism | 08/22/2019 | |
| 15 | $604.95 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/17/2020 | |
| 16 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/07/2020 | |
| 17 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/25/2020 | |
| 18 | $1,037.05 | City Taxes | City of Detroit 2020 Summer taxes, full payment paid on DivDat because parcel # doesn't convert properly in AA | 08/11/2020 | |
| 19 | $168.46 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 20 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 21 | $120.00 | Miscellaneous | Closing Notary, Copies, Mailing | 06/04/2021 | |
| 22 | $24,215.96 | Miscellaneous Profit | Closing funds from 25k sale | 06/08/2021 | |
| Overall ROI : 82.32 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 6,572.21% |
Overall Profit/Loss: -$5,202.50 Profit/Loss (2017) : -$9,615.00 Profit/Loss (2018) : -$14,802.41 Profit/Loss (2019) : -$2,655.01 Profit/Loss (2020) : -$1,977.58 Profit/Loss (2021) : -$23,847.50 |
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.
