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9603 BALFOUR, DETROIT, 48224

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $1,900.00 Property Purchase Price 10/31/2017
2 $4,200.00 General Rehab Repairs 07/10/2018
3 $4,200.00 General Rehab Repairs 08/16/2018
4 $3,000.00 General Rehab Repairs 10/19/2018
5 $3,000.00 General Rehab Repairs 06/10/2021
6 $2,060.00 General Rehab Repairs 12/13/2021
7 $2,060.00 General Rehab Repairs 01/04/2022
8 $500.00 General Rehab Repairs 03/07/2022
9 $1,020.00 General Rehab Repairs 04/10/2024
Purchase price : $1900 Total Rehab Cost :$20,040.00 All-In Property Cost : $21,940.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $1,900.00 Property Purchase Price 10/31/2017
2 $996.00 County Taxes Summer taxes 2017 10/31/2017
3 $4,200.00 General Rehab Repairs $14,000 approved. Sharp paid $4,200 on 7/10 07/10/2018
4 $4,200.00 General Rehab Repairs Sharp paid $4,200 on 8/16 08/16/2018
5 $908.10 City Taxes City of Detroit 09/03/2018
6 $3,000.00 General Rehab Repairs Paid Sharp $3,000 on 10/18 10/19/2018
7 $82.26 City Taxes Detroit Winter Taxes 2019 01/23/2019
8 $471.04 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/20/2019
9 $555.25 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/21/2020
10 $285.58 Miscellaneous Rami and Martin expenses 01/30/2020
11 $50.00 Inspection Contractor bid, punchlist, inspection 02/19/2020
12 $477.67 City Taxes 1st 1/2 summer city taxes 2020 AA 08/12/2020
13 $685.83 County Taxes Winter and partial Summer taxes 02/04/2021
14 $80.00 Lawncare March and April Lawncare 05/05/2021
15 $80.00 Lawncare May and June Lawncare 06/08/2021
16 $3,000.00 General Rehab Repairs Quintin paid $3000 06/10/2021
17 $572.74 County Taxes 2021 Summer Tax 07/08/2021
18 $100.00 Lawncare lawncare July and August 08/23/2021
19 $80.00 Lawncare Nov and Dec Lawncare 12/07/2021
20 $705.14 County Taxes Taxes Second installment 12/13/2021
21 $2,060.00 General Rehab Repairs $4120 approved. Tyson paid $2060 on 12/13/21 12/13/2021
22 $2,060.00 General Rehab Repairs Tyson paid $2,060 on 1/3/22 01/04/2022
23 $40.00 Lawncare Jan Lawncare 01/13/2022
24 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
25 $60.00 Lawncare Lawncare March 03/07/2022
26 $500.00 General Rehab Repairs Facade and 2 doors repair for access 03/07/2022
27 $60.00 Lawncare Lawncare April 04/19/2022
28 $60.00 Lawncare Lawncare May 05/04/2022
29 $120.00 Lawncare Lawncare June and July 07/05/2022
30 $1,175.41 County Taxes 08/15/2022
31 $60.00 Lawncare Lawncare August 08/15/2022
32 $60.00 Lawncare Lawncare September 09/09/2022
33 $60.00 Lawncare October lawn care 10/18/2022
34 $60.00 Lawncare November lawn care 11/21/2022
35 $60.00 Lawncare December lawn care 12/17/2022
36 $60.00 Lawncare January lawn care 01/03/2023
37 $125.01 City Taxes Winter tax payments 2022 01/04/2023
38 $60.00 Lawncare February lawn care 03/01/2023
39 $120.00 Lawncare March and April lawn care 04/06/2023
40 $60.00 Lawncare May lawn care 05/13/2023
41 $180.00 Lawncare June, July, August lawn care 08/23/2023
42 $1,258.03 County Taxes 2023 County Taxes 08/24/2023
43 $60.00 Lawncare September lawncare 09/06/2023
44 $120.00 Lawncare October and November lawncare 11/20/2023
45 $120.00 Lawncare December and January lawn care 01/04/2024
46 $1,348.81 County Taxes Wayne County Winter taxes 01/15/2024
47 $60.00 Lawncare Feb lawn care 02/12/2024
48 $1,020.00 General Rehab Repairs BSEED boarding, securing, tree trim 04/10/2024
49 $120.00 Lawncare March / April lawncare 04/11/2024
50 $60.00 Lawncare May lawncare 05/06/2024
51 $60.00 Lawncare June lawncare 06/10/2024
52 $120.00 Lawncare Lawncare July and August 08/05/2024
53 $1,103.00 County Taxes 08/13/2024
54 $120.00 Lawncare Sept and Oct lawncare 10/16/2024
55 $60.00 Lawncare Nov 2024 lawncare 11/21/2024
56 $60.00 Lawncare Dec lawncare 12/09/2024
57 $75.00 Miscellaneous notary charges 01/03/2025
58 $33,044.77 Miscellaneous Profit 9 Detroit sale proceeds split equally 01/03/2025
Overall ROI : 93.62 %
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: -$2,250.10
Profit/Loss (2017) : -$2,896.00 Profit/Loss (2018) : -$12,308.10 Profit/Loss (2019) : -$553.30 Profit/Loss (2020) : -$1,368.50 Profit/Loss (2021) : -$7,363.71 Profit/Loss (2022) : -$4,435.41 Profit/Loss (2023) : -$2,043.04 Profit/Loss (2024) : -$4,251.81 Profit/Loss (2025) : -$32,969.77
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.