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8867 RUTLAND, DETROIT, 48228

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $4,800.00 Property Purchase Price 09/26/2017
2 $5,200.00 General Rehab Repairs 05/23/2018
3 $3,900.00 General Rehab Repairs 06/26/2018
4 $1,500.00 General Rehab Repairs 10/12/2018
5 $3,900.00 General Rehab Repairs 03/04/2019
6 $6,000.00 General Rehab Repairs 08/15/2021
7 $1,700.00 General Rehab Repairs 11/09/2021
Purchase price : $4800 Total Rehab Cost :$22,200.00 All-In Property Cost : $27,000.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $4,800.00 Property Purchase Price 09/26/2017
2 $1,090.00 County Taxes Summer tax 2017 09/26/2017
3 $5,200.00 General Rehab Repairs $14,500 approved for rehab. Paid Anthony Sharp $5,200 on 5/22 05/23/2018
4 $3,900.00 General Rehab Repairs Paid Sharp $3900 on 6/26 06/26/2018
5 $994.56 City Taxes City of Detroit 09/04/2018
6 $1,500.00 General Rehab Repairs Paid Sharp $1,500 on 10/12 10/12/2018
7 $92.94 City Taxes Detroit Winter Taxes 2019 01/29/2019
8 $3,900.00 General Rehab Repairs $3900 paid Sharp on 3/4 03/04/2019
9 $150.00 Registration Fee Vacant property Registration - City of Detroit 05/26/2019
10 $250.00 Curb Appeal Repairs 05/26/2019
11 $350.00 Curb Appeal Repairs Curb appeal repairs & lawncare 06/27/2019
12 $516.47 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/21/2019
13 $125.00 Lawncare lawncare & property cleanup 09/06/2019
14 $611.59 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/22/2020
15 $285.58 Miscellaneous Rami & Martin expenses 01/31/2020
16 $50.00 Inspection Contractor bid, punchlist, inspection 02/21/2020
17 $523.97 City Taxes 1st 1/2 summer city taxes 2020 AA 08/21/2020
18 $748.37 County Taxes Winter and partial Summer taxes 02/04/2021
19 $80.00 Lawncare March and April Lawncare 05/05/2021
20 $80.00 Lawncare May and June Lawncare 06/08/2021
21 $628.26 County Taxes 2021 Summer Tax 07/08/2021
22 $6,000.00 General Rehab Repairs $6,000 approved. Tyson paid $3,000 on 8/14/21. $3000 paid 9/1/21 08/15/2021
23 $100.00 Lawncare lawncare July and August 08/23/2021
24 $175.00 Inspection Before and after inspection 09/09/2021
25 $1,700.00 General Rehab Repairs Tree removal, roofing issues, compliance repairs 11/09/2021
26 $100.00 Miscellaneous Nov, Dec Frontpoint alarm security system payment 12/07/2021
27 $777.04 County Taxes Taxes Second installment 12/13/2021
28 $50.00 Miscellaneous Jan Frontpoint alarm security system payment 01/13/2022
29 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
30 $60.00 Lawncare Lawncare March 03/07/2022
31 $100.00 Miscellaneous Feb and March Frontpoint alarm security system payment 03/07/2022
32 $60.00 Lawncare Lawncare April 04/19/2022
33 $50.00 Miscellaneous April Frontpoint alarm security system payment 04/19/2022
34 $60.00 Lawncare Lawncare May 05/04/2022
35 $50.00 Miscellaneous May Frontpoint alarm security system payment 05/04/2022
36 $120.00 Lawncare Lawncare June and July 07/05/2022
37 $100.00 Miscellaneous June and July Frontpoint alarm security system payment 07/05/2022
38 $60.00 Lawncare Lawncare August 08/15/2022
39 $50.00 Miscellaneous August Frontpoint alarm security system payment 08/15/2022
40 $60.00 Lawncare Lawncare September 09/09/2022
41 $50.00 Miscellaneous September Frontpoint alarm security system payment 09/09/2022
42 $23,807.00 Miscellaneous Profit Sale to Ali 09/26/2022
43 $75.00 Miscellaneous Notary, copies, overnight 09/26/2022
Overall ROI : 66.62 %
ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : 2,368.86%
Overall Profit/Loss: -$11,926.78
Profit/Loss (2017) : -$5,890.00 Profit/Loss (2018) : -$11,594.56 Profit/Loss (2019) : -$5,384.41 Profit/Loss (2020) : -$1,471.14 Profit/Loss (2021) : -$10,388.67 Profit/Loss (2022) : -$22,802.00
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.