Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $3,500.00 | Property Purchase Price | 10/31/2017 |
| 2 | $6,250.00 | General Rehab Repairs | 05/07/2018 |
| 3 | $4,000.00 | General Rehab Repairs | 03/04/2019 |
| Purchase price : $3500 | Total Rehab Cost :$10,250.00 | All-In Property Cost : $13,750.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $3,500.00 | Property Purchase Price | 10/31/2017 | ||
| 2 | $858.00 | County Taxes | Summer taxes 2017 | 10/31/2017 | |
| 3 | $6,250.00 | General Rehab Repairs | $12,500 approved for rehab. Paid Anthony sharp $2,500 on 5/6 $3750 paid on 5/14 | 05/07/2018 | |
| 4 | $763.53 | City Taxes | City of Detroit | 08/21/2018 | |
| 5 | $64.45 | City Taxes | Detroit Winter Taxes 2019 | 01/29/2019 | |
| 6 | $4,000.00 | General Rehab Repairs | $4000 paid Sharp on 3/4 | 03/04/2019 | |
| 7 | $150.00 | Registration Fee | Vacant property registration - city of Detroit | 05/29/2019 | |
| 8 | $395.06 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 9 | $100.00 | Lawncare | lawncare and curb appeal | 09/17/2019 | |
| 10 | $461.05 | City Taxes | 2nd half summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 11 | $285.58 | Miscellaneous | Rami and Martin expenses | 01/30/2020 | |
| 12 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/19/2020 | |
| 13 | $400.29 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 14 | $581.24 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 15 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 16 | $100.00 | Miscellaneous | notary, printing, closing | 05/22/2021 | |
| 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: -$18,039.20 Profit/Loss (2017) : -$4,358.00 Profit/Loss (2018) : -$7,013.53 Profit/Loss (2019) : -$4,709.51 Profit/Loss (2020) : -$1,196.92 Profit/Loss (2021) : -$761.24 |
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.
