Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $17,098.46 | EMD (Deposit) Payment | 05/25/2017 |
| 2 | $10,000.00 | Property Purchase Price (including Closing Costs) | 05/25/2017 |
| 3 | $1,150.00 | Gas Line Repairs | 05/25/2017 |
| 4 | $2,932.00 | Plumbing Repairs | 05/25/2017 |
| 5 | $650.00 | General Rehab Repairs | 05/25/2017 |
| 6 | $1,300.00 | Plumbing Repairs | 05/25/2017 |
| 7 | $375.00 | Electrical Repairs | 09/23/2017 |
| 8 | $350.00 | Plumbing Repairs | 05/24/2018 |
| 9 | $1,602.00 | General Rehab Repairs | 06/23/2018 |
| 10 | $2,500.00 | General Rehab Repairs | 06/05/2019 |
| 11 | $400.00 | General Rehab Repairs | 07/23/2019 |
| Purchase price : $27098.46 | Total Rehab Cost :$11,259.00 | All-In Property Cost : $38,357.46 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $17,098.46 | EMD (Deposit) Payment | $2,500 EMD sent on 5/2 (Martin personal) **Final funds sent on 9/2 $14,598.46 (Rami) | 05/25/2017 | |
| 2 | $50.00 | Management Fee | Notary fee | 05/25/2017 | |
| 3 | $1,500.00 | Miscellaneous Profit | Buyer side | 05/25/2017 | |
| 4 | $10,000.00 | Property Purchase Price (including Closing Costs) | Scott Wig Bid ($10,000 total) $5,000 initial amount paid 11/28 (Martin) **$5,000 final payment 2/5 (Martin) | 05/25/2017 | |
| 5 | $13.24 | Arcana Insurance Payment | Arcana | 05/25/2017 | |
| 6 | $19.85 | Arcana Insurance Payment | Arcana | 05/25/2017 | |
| 7 | $40.06 | Water Bill | Water bill | 05/25/2017 | |
| 8 | $4.31 | County Taxes | Jordan Tax | 05/25/2017 | |
| 9 | $20.51 | Arcana Insurance Payment | Arcana | 05/25/2017 | |
| 10 | $27.66 | Arcana Insurance Payment | Water bill | 05/25/2017 | |
| 11 | $1,150.00 | Gas Line Repairs | Gas line repairs (check mailed Rentwell) | 05/25/2017 | |
| 12 | $18.48 | County Taxes | Jordan Tax | 05/25/2017 | |
| 13 | $2,932.00 | Plumbing Repairs | Furnace, Water heater, plumbing (paid 2/14) | 05/25/2017 | |
| 14 | $470.00 | Rent | Feb rent | 05/25/2017 | |
| 15 | $650.00 | General Rehab Repairs | Final repairs | 05/25/2017 | |
| 16 | $338.38 | County Taxes | 2017 County Taxes | 05/25/2017 | |
| 17 | $20.51 | Arcana Insurance Payment | Arcana Insurance Feb | 05/25/2017 | |
| 18 | $1,300.00 | Plumbing Repairs | Plumbing in basement and kitchen and bathroom and underneath sink took out garbage disposal fixed and replaced (3/5) | 05/25/2017 | |
| 19 | $775.00 | Lockbox / ReKey | Drylock basement (3/8) | 05/25/2017 | |
| 20 | $360.00 | Gas Bill | "Ignition switch $40 Universal gas ignitor $140 Labor $180 $360" | 05/25/2017 | |
| 21 | $19.49 | Water Bill | Water bill | 05/25/2017 | |
| 22 | $94.05 | Gas Bill | People Gas 3-9 | 05/25/2017 | |
| 23 | $31.89 | Electricity Bill | Duquesne Light 3-9 | 05/25/2017 | |
| 24 | $54.74 | Electricity Bill | Duquesne Light | 05/25/2017 | |
| 25 | $422.09 | Burrough Taxes | Real Estate Ingram Burrough Taxes | 05/25/2017 | |
| 26 | $46.49 | Gas Bill | People’s Gas | 05/25/2017 | |
| 27 | $18.53 | Arcana Insurance Payment | Arcana March 2017 | 05/25/2017 | |
| 28 | $19.85 | Arcana Insurance Payment | Arcana May | 09/23/2017 | |
| 29 | $20.51 | Arcana Insurance Payment | Arcana April | 09/23/2017 | |
| 30 | $375.00 | Electrical Repairs | 220 Outlet | 09/23/2017 | |
| 31 | $814.52 | Rent | June 2017 Rent | 07/03/2017 | |
| 32 | $841.76 | Rent | Rentwell - July 2017 Rent | 07/13/2017 | |
| 33 | $130.50 | Miscellaneous | Tax Reduction Services - Robert Peirce and Associates | 09/23/2017 | |
| 34 | $1,285.13 | School Taxes | Monitor School District | 09/23/2017 | |
| 35 | $850.00 | Rent | Hill (renter) deposit funds | 08/14/2017 | |
| 36 | $240.75 | Miscellaneous | Rentwell miscellaneous expenses | 09/23/2017 | |
| 37 | $799.00 | Rent | Aug 2017 | 08/29/2017 | |
| 38 | $748.00 | Rent | Sept 2017 | 09/28/2017 | |
| 39 | $799.00 | Rent | Oct 2017 | 09/28/2017 | |
| 40 | $66.86 | Waste Bill | Jordan Tax - Borough of Ingram | 11/08/2017 | |
| 41 | $1,570.12 | City Taxes | 11/08/2017 | ||
| 42 | $799.00 | Rent | Oct 2017 | 10/24/2017 | |
| 43 | $241.49 | Miscellaneous | Arcana Insurance 2018 | 11/08/2017 | |
| 44 | $799.00 | Rent | Nov 2017 | 11/12/2017 | |
| 45 | $423.00 | Rent | Jan 2018 - partial payment | 01/23/2018 | |
| 46 | $69.53 | County Taxes | 2018 County Taxes | 02/27/2018 | |
| 47 | $86.73 | City Taxes | Borough of Ingram | 03/07/2018 | |
| 48 | $564.00 | Rent | $600 - $36 management = $564 (Feb 2018 partial) | 03/23/2018 | |
| 49 | $799.00 | Rent | $850 paid April Rent minus $51 management | 04/25/2018 | |
| 50 | $11.59 | City Taxes | Montour School District | 05/18/2018 | |
| 51 | $350.00 | Plumbing Repairs | Snake and fix faucet | 05/24/2018 | |
| 52 | $799.00 | Rent | $850 paid May Rent minus $51 management | 06/22/2018 | |
| 53 | $799.00 | Rent | $850 paid June Rent minus $51 management | 06/22/2018 | |
| 54 | $1,602.00 | General Rehab Repairs | City compliance violations rehab - Paid Sharp $1602 on 6/22 | 06/23/2018 | |
| 55 | $12.87 | Waste Bill | Borough of Ingram | 08/01/2018 | |
| 56 | $264.07 | School Taxes | Montour School District - Jordan Tax Service | 08/06/2018 | |
| 57 | $60.00 | Lawncare | 09/25/2018 | ||
| 58 | $893.00 | Rent | July 2018 Rent - $950 minus management | 09/25/2018 | |
| 59 | $737.90 | Rent | Aug 2018 rent - $785 minus management | 09/25/2018 | |
| 60 | $120.00 | Waste Bill | Jordan Tax Service | 10/10/2018 | |
| 61 | $241.49 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/19/2018 | |
| 62 | $541.76 | Miscellaneous | Legal cost for property tax basis reduction | 11/08/2018 | |
| 63 | $120.00 | Lawncare | 11/12/2018 | ||
| 64 | $69.53 | County Taxes | County of Allegheny - John Weinstein | 03/07/2019 | |
| 65 | $86.73 | Burrough Taxes | Borough of Ingram - Jordan Tax Service | 03/13/2019 | |
| 66 | $2,500.00 | General Rehab Repairs | Curb appeal and marketability repairs | 06/05/2019 | |
| 67 | $70.00 | Lawncare | 06/26/2019 | ||
| 68 | $400.00 | General Rehab Repairs | Debris removal and lawncare per citation from city | 07/23/2019 | |
| 69 | $250.00 | Miscellaneous | Dye test for closing | 08/08/2019 | |
| 70 | $264.07 | School Taxes | Montour School District | 08/28/2019 | |
| 71 | $80.00 | Miscellaneous | Notary for final docs signing | 09/09/2019 | |
| 72 | $53,573.20 | Miscellaneous Profit | -33,571.14 (expenditure at closing on 9/11/19 = $20,002.06 profit | 09/30/2019 | |
| Overall ROI : 143.62 % ROI (2017) : 21.34% ROI (2018) : 144.10% ROI (2019) : 1,440.01% |
Overall Profit/Loss: -$20,352.06 Profit/Loss (2017) : -$31,035.67 Profit/Loss (2018) : -$1,534.86 Profit/Loss (2019) : -$49,852.87 |
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.
