Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $4,640.62 | EMD (Deposit) Payment | 08/05/2017 |
| 2 | $7,500.00 | General Rehab Repairs | 08/05/2017 |
| 3 | $1,100.00 | Plumbing Repairs | 08/05/2017 |
| 4 | $325.00 | General Rehab Repairs | 08/05/2017 |
| 5 | $1,300.00 | General Rehab Repairs | 08/05/2017 |
| 6 | $3,000.00 | General Rehab Repairs | 09/21/2017 |
| 7 | $1,100.00 | General Rehab Repairs | 09/21/2017 |
| 8 | $1,100.00 | General Rehab Repairs | 11/08/2017 |
| 9 | $3,500.00 | General Rehab Repairs | 11/08/2017 |
| 10 | $2,000.00 | General Rehab Repairs | 01/08/2018 |
| 11 | $2,000.00 | General Rehab Repairs | 02/05/2018 |
| 12 | $1,400.00 | Gas Line Repairs | 03/01/2018 |
| 13 | $1,284.00 | General Rehab Repairs | 08/10/2018 |
| Purchase price : $4640.62 | Total Rehab Cost :$25,609.00 | All-In Property Cost : $30,249.62 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $4,640.62 | EMD (Deposit) Payment | **$2,500 EMD paid 9/28 (Rami) **$2,140.62 paid 12/20 (Rami) | 08/05/2017 | |
| 2 | $383.35 | County Taxes | 2017 County Taxes | 08/05/2017 | |
| 3 | $18.53 | Arcana Insurance Payment | Arcana March 2017 | 08/05/2017 | |
| 4 | $20.51 | Arcana Insurance Payment | Arcana April | 08/05/2017 | |
| 5 | $19.85 | Arcana Insurance Payment | Arcana May | 08/05/2017 | |
| 6 | $5.95 | Electricity Bill | 08/05/2017 | ||
| 7 | $7,500.00 | General Rehab Repairs | Initial 50% payment - Total Bid is $15,000 - Sal Lascano | 08/05/2017 | |
| 8 | $1,100.00 | Plumbing Repairs | 08/05/2017 | ||
| 9 | $150.00 | Inspection | Electrical inspection | 08/05/2017 | |
| 10 | $325.00 | General Rehab Repairs | Steps and launcher | 08/05/2017 | |
| 11 | $1,300.00 | General Rehab Repairs | Hot water tank $700 Sump pump and install $600.00 | 08/05/2017 | |
| 12 | $130.50 | Miscellaneous | Tax Reduction Services - Robert Peirce and Associates | 08/05/2017 | |
| 13 | $3,000.00 | General Rehab Repairs | Final $7,500 repairs - $3,000 paid 9/13 | 09/21/2017 | |
| 14 | $1,100.00 | General Rehab Repairs | $2,200 total repairs - Gutters - $1,100 paid 9/13 | 09/21/2017 | |
| 15 | $1,100.00 | General Rehab Repairs | Gutters remaining payment | 11/08/2017 | |
| 16 | $3,500.00 | General Rehab Repairs | Progress payment - $1,000 remaining | 11/08/2017 | |
| 17 | $75.00 | Lawncare | 11/08/2017 | ||
| 18 | $100.00 | Setup Fee | 11/08/2017 | ||
| 19 | $60.00 | Miscellaneous | Trip charge | 12/02/2017 | |
| 20 | $50.00 | Utility Turn On | Power | 12/22/2017 | |
| 21 | $19.19 | Electricity Bill | Duquesne Light | 12/29/2017 | |
| 22 | $2,000.00 | General Rehab Repairs | $4,000 total final rehab repairs - Anthony Sharp - $2,000 paid 1/8 | 01/08/2018 | |
| 23 | $241.49 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 24 | $160.99 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 25 | $38.61 | Electricity Bill | 02/02/2018 | ||
| 26 | $2,000.00 | General Rehab Repairs | Final repair amount $2000 paid to Anthony Sharp on 2/4 | 02/05/2018 | |
| 27 | $900.00 | Rent | $150 pet deposit and $750 Deposit Feb 2018 | 02/19/2018 | |
| 28 | $150.00 | Sales Clean | Sales Clean and Securing | 02/27/2018 | |
| 29 | $162.24 | County Taxes | 2018 County Taxes | 02/27/2018 | |
| 30 | $1,400.00 | Gas Line Repairs | $1400 approved for entire job by Anthony Sharp - $1000 paid on 3/1, $400 remaining paid on 3/2 | 03/01/2018 | |
| 31 | $22.12 | Electricity Bill | 03/02/2018 | ||
| 32 | $31.19 | Electricity Bill | 03/27/2018 | ||
| 33 | $17.35 | Electricity Bill | Duquesne Light | 07/12/2018 | |
| 34 | $72.52 | Electricity Bill | Duquesne Light | 07/16/2018 | |
| 35 | $109.61 | Electricity Bill | Duquesne Light | 08/01/2018 | |
| 36 | $1,284.00 | General Rehab Repairs | Sec. 8 repairs - plumbing, windows | 08/10/2018 | |
| 37 | $328.72 | Burrough Taxes | Township of West Deer Taxes - Jordan Tax Service | 08/11/2018 | |
| 38 | $90.00 | Lawncare | 09/06/2018 | ||
| 39 | $110.00 | Lawncare | 10/11/2018 | ||
| 40 | $462.36 | Miscellaneous | Legal cost for property tax basis reduction | 11/08/2018 | |
| 41 | $150.00 | Lawncare | 11/12/2018 | ||
| 42 | $162.24 | County Taxes | County of Allegheny Real Estate Taxes | 02/08/2019 | |
| 43 | $75.00 | Miscellaneous | Closing docs notarization | 02/09/2019 | |
| 44 | $16.92 | Miscellaneous | deed correction overnight | 02/12/2019 | |
| 45 | $5.97 | Electricity Bill | Duquesne | 03/05/2019 | |
| 46 | $11.35 | Electricity Bill | Duquesne - final bill | 03/21/2019 | |
| 47 | $0.30 | Electricity Bill | service from Dec 2017 to Feb 2019 | 09/24/2019 | |
| 48 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/13/2020 | |
| 49 | $66,885.50 | Miscellaneous Profit | Sold 2/12/2020 - $66,885.50 minus $32,783.86 = $34,101.64 ($17,050.82 each) | 04/14/2020 | |
| Overall ROI : 199.45 % ROI (2017) : 0.00% ROI (2018) : 10.19% ROI (2019) : 0.00% ROI (2020) : 23,420.93% |
Overall Profit/Loss: -$33,798.44 Profit/Loss (2017) : -$24,598.50 Profit/Loss (2018) : -$7,931.20 Profit/Loss (2019) : -$271.78 Profit/Loss (2020) : -$66,599.92 |
Total Admin Owed : $0.00 Total Client Owed : $0.00 Total Owed : $0.00 |
|||
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.
