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5911 WAYBURN, DETROIT, 48224

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $2,100.00 Property Purchase Price 10/31/2017
2 $10,100.00 General Rehab Repairs 06/10/2018
3 $2,000.00 General Rehab Repairs 06/16/2018
4 $4,000.00 General Rehab Repairs 02/20/2019
5 $450.00 General Rehab Repairs 03/04/2020
6 $8,000.00 General Rehab Repairs 03/06/2021
7 $650.00 General Rehab Repairs 03/23/2022
Purchase price : $2100 Total Rehab Cost :$25,200.00 All-In Property Cost : $27,300.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $2,100.00 Property Purchase Price 10/31/2017
2 $978.00 County Taxes Summer taxes 2017 10/31/2017
3 $10,100.00 General Rehab Repairs 15,500 approved - Paid Anthony Sharp $6,050 on 6/10 Sharp paid $4050 on 6/15 06/10/2018
4 $2,000.00 General Rehab Repairs Additional exterior repairs paid Anthony Sharp 6/16 06/16/2018
5 $925.22 City Taxes City of Detroit 08/15/2018
6 $84.37 City Taxes Detroit Winter Taxes 2019 01/22/2019
7 $4,000.00 General Rehab Repairs Sharp paid $4,000 on 2/19 02/20/2019
8 $480.00 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/20/2019
9 $195.00 Registration Fee 11/18/2019
10 $566.37 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/20/2020
11 $285.58 Miscellaneous Rami & Martin expenses 01/31/2020
12 $50.00 Inspection Contractor bid, punchlist, inspection 02/19/2020
13 $450.00 General Rehab Repairs debris removal & city compliant 03/04/2020
14 $486.84 City Taxes 1st 1/2 summer city taxes 2020 AA 08/24/2020
15 $698.20 County Taxes Winter and partial Summer taxes 02/04/2021
16 $8,000.00 General Rehab Repairs $8000 approved budget. Tyson paid $4,000 on 3/5/21. Paid Tyson $4000 on 3/14/21 03/06/2021
17 $175.00 Inspection Before and After Rehab Inspection 04/24/2021
18 $80.00 Lawncare March and April Lawncare 05/05/2021
19 $80.00 Lawncare May and June Lawncare 06/08/2021
20 $583.75 County Taxes 2021 Summer Tax 07/08/2021
21 $100.00 Lawncare lawncare July and August 08/24/2021
22 $80.00 Lawncare Sept and Oct Lawncare 10/11/2021
23 $80.00 Lawncare Nov and Dec Lawncare 12/07/2021
24 $719.38 County Taxes Taxes Second installment 12/13/2021
25 $40.00 Lawncare Jan Lawncare 01/13/2022
26 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
27 $60.00 Lawncare Lawncare March 03/07/2022
28 $650.00 General Rehab Repairs Tree removal and hauling, minor roof repair 03/23/2022
29 $60.00 Lawncare Lawncare April 04/19/2022
30 $60.00 Lawncare Lawncare May 05/04/2022
31 $120.00 Lawncare Lawncare June and July 07/05/2022
32 $60.00 Lawncare Lawncare August 08/15/2022
33 $60.00 Lawncare Lawncare September 09/09/2022
34 $23,807.00 Miscellaneous Profit Sale to Ali 09/26/2022
35 $75.00 Miscellaneous Notary, copies, overnight 09/26/2022
Overall ROI : 68.92 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : 1,912.21%
Overall Profit/Loss: -$10,735.71
Profit/Loss (2017) : -$3,078.00 Profit/Loss (2018) : -$13,025.22 Profit/Loss (2019) : -$4,759.37 Profit/Loss (2020) : -$1,838.79 Profit/Loss (2021) : -$10,596.33 Profit/Loss (2022) : -$22,562.00
Total Admin Owed : $0.00
Total Client Owed : $0.00
Total Owed : $0.00

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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.