Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $4,700.00 | Property Purchase Price | 09/25/2017 |
| 2 | $1,950.00 | General Rehab Repairs | 12/03/2017 |
| 3 | $6,030.00 | General Rehab Repairs | 12/07/2017 |
| 4 | $2,600.00 | General Rehab Repairs | 07/20/2018 |
| 5 | $600.00 | General Rehab Repairs | 08/24/2018 |
| Purchase price : $4700 | Total Rehab Cost :$11,180.00 | All-In Property Cost : $15,880.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $4,700.00 | Property Purchase Price | 09/25/2017 | ||
| 2 | $657.00 | 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 | $1,950.00 | General Rehab Repairs | $9,975 Approved for Tyson - $1,950 paid 12/3 | 12/03/2017 | |
| 6 | $6,030.00 | General Rehab Repairs | $2040 paid 12/7 - second progress payment (Total paid $3990) *$3,990 paid 12/10 | 12/07/2017 | |
| 7 | $50.00 | Utility Turn On | Gas | 01/27/2018 | |
| 8 | $600.00 | Curb Appeal Repairs | 06/21/2018 | ||
| 9 | $2,600.00 | General Rehab Repairs | Final rehab payment. Paid Tyson $2,600 on 7/20 | 07/20/2018 | |
| 10 | $600.00 | General Rehab Repairs | Sharp paid 8/22 | 08/24/2018 | |
| 11 | $597.42 | City Taxes | City of Detroit | 09/04/2018 | |
| 12 | $57.60 | City Taxes | Detroit Winter Taxes 2019 | 01/27/2019 | |
| 13 | $150.00 | Registration Fee | Vacant property registration - city of Detroit | 05/29/2019 | |
| 14 | $250.00 | Curb Appeal Repairs | Lawncare & curb appeal for city registration | 05/30/2019 | |
| 15 | $309.26 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 16 | $368.22 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/21/2020 | |
| 17 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/06/2020 | |
| 18 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/22/2020 | |
| 19 | $312.85 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/24/2020 | |
| 20 | $477.35 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 21 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 22 | $150.00 | Miscellaneous | Closing notary and mailing | 05/20/2021 | |
| Overall ROI : 0.00 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% |
Overall Profit/Loss: -$20,390.28 Profit/Loss (2017) : -$13,452.00 Profit/Loss (2018) : -$4,447.42 Profit/Loss (2019) : -$766.86 Profit/Loss (2020) : -$1,016.65 Profit/Loss (2021) : -$707.35 |
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.
