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8314 HUBBELL, DETROIT, 48228

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $6,500.00 Property Purchase Price 09/25/2017
2 $3,300.00 General Rehab Repairs 04/16/2018
3 $3,300.00 General Rehab Repairs 04/21/2018
4 $2,000.00 General Rehab Repairs 05/25/2018
5 $2,400.00 General Rehab Repairs 11/10/2018
6 $515.00 General Rehab Repairs 01/28/2022
7 $248.56 General Rehab Repairs 03/01/2023
Purchase price : $6500 Total Rehab Cost :$11,763.56 All-In Property Cost : $18,263.56

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $6,500.00 Property Purchase Price 09/25/2017
2 $976.00 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 04/15/2018
6 $3,300.00 General Rehab Repairs $11,000 approved. Paid Anthony Sharp $3,300 on 4/15 04/16/2018
7 $3,300.00 General Rehab Repairs Paid Anthony Sharp on 4/20 04/21/2018
8 $2,000.00 General Rehab Repairs $2000 paid Anthony Sharp at 5/24 05/25/2018
9 $600.00 Curb Appeal Repairs 06/21/2018
10 $979.11 City Taxes City of Detroit 08/21/2018
11 $2,400.00 General Rehab Repairs $2400 paid Sharp on 11/11 11/10/2018
12 $91.04 City Taxes Detroit Winter Taxes 2019 01/29/2019
13 $70.00 Snow Removal 02/22/2019
14 $65.00 Lawncare 03/31/2019
15 $65.00 Lawncare 04/01/2019
16 $60.00 Lawncare 05/06/2019
17 $60.00 Lawncare 06/03/2019
18 $60.00 Lawncare 06/10/2019
19 $350.00 Curb Appeal Repairs Curb appeal repairs & lawncare 06/26/2019
20 $508.34 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/21/2019
21 $150.00 Lawncare lawncare & property cleanup 09/06/2019
22 $601.51 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/21/2020
23 $285.58 Miscellaneous Rami & Martin expenses 02/06/2020
24 $50.00 Inspection Contractor bid, punchlist, inspection 02/21/2020
25 $515.68 City Taxes 1st 1/2 summer city taxes 2020 AA 08/16/2020
26 $737.16 County Taxes Winter and partial Summer taxes 02/04/2021
27 $80.00 Lawncare March and April Lawncare 05/05/2021
28 $80.00 Lawncare May and June Lawncare 06/07/2021
29 $618.31 County Taxes 2021 Summer Tax 07/08/2021
30 $100.00 Lawncare lawncare July and August 08/23/2021
31 $764.16 County Taxes Taxes Second installment 12/13/2021
32 $515.00 General Rehab Repairs Roof repair from weather, secure door, remove debris 01/28/2022
33 $120.00 Snow Removal Snow removal and lawncare twice 02/05/2022
34 $60.00 Lawncare Lawncare March 03/07/2022
35 $60.00 Lawncare Lawncare April 04/19/2022
36 $60.00 Lawncare Lawncare May 05/04/2022
37 $120.00 Lawncare Lawncare June and July 07/05/2022
38 $60.00 Lawncare Lawncare August 08/15/2022
39 $60.00 Lawncare Lawncare September 09/09/2022
40 $60.00 Lawncare October lawn care 10/18/2022
41 $60.00 Lawncare November lawn care 11/21/2022
42 $60.00 Lawncare December lawn care 12/17/2022
43 $60.00 Lawncare January lawn care 01/03/2023
44 $248.56 General Rehab Repairs Tree and debris removal 03/01/2023
45 $60.00 Lawncare February lawn care 03/01/2023
46 $120.00 Lawncare March and April lawn care 04/06/2023
47 $60.00 Lawncare May lawn care 05/13/2023
48 $1,885.66 County Taxes 06/26/2023
49 $180.00 Lawncare June, July, August lawn care 08/23/2023
50 $1,359.95 County Taxes 2023 County Taxes 08/24/2023
51 $60.00 Lawncare September lawncare 09/06/2023
52 $120.00 Lawncare October and November lawncare 11/20/2023
53 $120.00 Lawncare December and January lawn care 01/04/2024
54 $1,514.07 County Taxes Wayne County Winter taxes 01/15/2024
55 $60.00 Lawncare Feb lawn care 02/12/2024
56 $120.00 Lawncare March / April lawncare 04/11/2024
57 $60.00 Lawncare May lawncare 05/06/2024
58 $1,075.00 Miscellaneous Detroit appraisals 05/13/2024
59 $60.00 Lawncare June lawncare 06/10/2024
60 $120.00 Lawncare Lawncare July and August 08/05/2024
61 $1,213.97 County Taxes 08/13/2024
62 $250.00 Miscellaneous Appraisal lender change from Race City to Mino Lending 09/06/2024
63 $250.00 Miscellaneous Appraisal change and market report addition for Mino Lending lender change 09/16/2024
64 $550.00 Miscellaneous 1004D Appraisal recert of value 10/04/2024
65 $120.00 Lawncare Sept and Oct lawncare 10/16/2024
66 $60.00 Lawncare Nov 2024 lawncare 11/21/2024
67 $60.00 Lawncare Dec lawncare 12/09/2024
68 $75.00 Miscellaneous notary charges 01/03/2025
69 $33,044.77 Miscellaneous Profit 9 Detroit sale proceeds split equally 01/03/2025
Overall ROI : 89.60 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : 0.00% ROI (2023) : 0.00% ROI (2024) : 0.00% ROI (2025) : 44,059.69%
Overall Profit/Loss: -$3,834.33
Profit/Loss (2017) : -$7,591.00 Profit/Loss (2018) : -$12,879.11 Profit/Loss (2019) : -$1,479.38 Profit/Loss (2020) : -$1,452.77 Profit/Loss (2021) : -$2,379.63 Profit/Loss (2022) : -$1,235.00 Profit/Loss (2023) : -$4,154.17 Profit/Loss (2024) : -$5,633.04 Profit/Loss (2025) : -$32,969.77
Total Admin Owed : $0.00
Total Client Owed : $0.00
Total Owed : $0.00

Map Location

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.