Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $6,400.00 | Property Purchase Price | 09/25/2017 |
| 2 | $5,515.00 | General Rehab Repairs | 10/05/2017 |
| 3 | $1,250.00 | General Rehab Repairs | 01/09/2018 |
| 4 | $2,400.00 | General Rehab Repairs | 01/19/2018 |
| 5 | $2,670.00 | General Rehab Repairs | 08/07/2018 |
| 6 | $450.00 | General Rehab Repairs | 01/30/2020 |
| 7 | $400.00 | General Rehab Repairs | 01/30/2023 |
| 8 | $900.00 | General Rehab Repairs | 10/26/2024 |
| 9 | $2,056.00 | General Rehab Repairs | 10/28/2024 |
| 10 | $725.46 | General Rehab Repairs | 10/30/2024 |
| 11 | $3,986.50 | General Rehab Repairs | 11/06/2024 |
| 12 | $2,156.45 | General Rehab Repairs | 11/06/2024 |
| 13 | $3,850.00 | General Rehab Repairs | 11/09/2024 |
| 14 | $1,320.54 | General Rehab Repairs | 11/13/2024 |
| 15 | $3,850.00 | General Rehab Repairs | 11/15/2024 |
| Purchase price : $6400 | Total Rehab Cost :$31,529.95 | All-In Property Cost : $37,929.95 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $6,400.00 | Property Purchase Price | 09/25/2017 | ||
| 2 | $866.00 | County Taxes | Summer tax 2017 | 09/25/2017 | |
| 3 | $5,515.00 | General Rehab Repairs | $7075 Scott bid approved - 20% (1,415) paid 9/27, $4,100 paid 10/5 | 10/05/2017 | |
| 4 | $100.00 | Inspection | Section 8 inspection - not included in Oct consolidation | 11/06/2017 | |
| 5 | $100.00 | Setup Fee | 11/17/2017 | ||
| 6 | $100.00 | Utility Turn On | power and gas | 11/17/2017 | |
| 7 | $150.00 | Lawncare | Mowing, bushes, and overgrowth removal | 11/17/2017 | |
| 8 | $70.00 | Snow Removal | 12/22/2017 | ||
| 9 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 10 | $21.43 | Electricity Bill | DTE - not on Dec consolidation | 12/28/2017 | |
| 11 | $1,250.00 | General Rehab Repairs | Final Section 8 Repairs - Anthony Sharp | 01/09/2018 | |
| 12 | $2,400.00 | General Rehab Repairs | Final Section 8 repairs completions | 01/19/2018 | |
| 13 | $70.00 | Snow Removal | 01/27/2018 | ||
| 14 | $15.72 | Electricity Bill | 02/14/2018 | ||
| 15 | $13.04 | Electricity Bill | 02/28/2018 | ||
| 16 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 17 | $12.10 | Electricity Bill | 04/04/2018 | ||
| 18 | $60.00 | Lawncare | 04/16/2018 | ||
| 19 | $550.00 | Curb Appeal Repairs | 05/05/2018 | ||
| 20 | $60.00 | Lawncare | 05/12/2018 | ||
| 21 | $12.69 | Electricity Bill | 05/15/2018 | ||
| 22 | $11.73 | Electricity Bill | 05/31/2018 | ||
| 23 | $12.03 | Electricity Bill | 07/01/2018 | ||
| 24 | $150.00 | Utility Turn On | Water | 07/25/2018 | |
| 25 | $2,670.00 | General Rehab Repairs | Paint exterior of house, Install Railings, Guard Rail, and 4 windows - definite final Sec. 8 items | 08/07/2018 | |
| 26 | $817.44 | City Taxes | City of Detroit | 08/17/2018 | |
| 27 | $7.93 | Electricity Bill | DTE Power bill | 08/22/2018 | |
| 28 | $60.00 | Lawncare | 09/04/2018 | ||
| 29 | $62.11 | Water Bill | Detroit Water & Sewerage Dept | 09/06/2018 | |
| 30 | $60.00 | Lawncare | 09/21/2018 | ||
| 31 | $658.00 | Rent | Aug 2018 rent - $700 minus management | 09/25/2018 | |
| 32 | $45.97 | Water Bill | Detroit Water & Sewerage Dept | 10/29/2018 | |
| 33 | $56.23 | Water Bill | Detroit Water & Sewerage Dept | 11/28/2018 | |
| 34 | $126.90 | Rent | $135-$8.10 = $126.90 management fee | 11/29/2018 | |
| 35 | $60.00 | Lawncare | 12/04/2018 | ||
| 36 | $71.10 | City Taxes | Detroit Winter Taxes 2019 | 01/23/2019 | |
| 37 | $565.88 | Rent | $602 - $36.12 mgmt fee = $565.88 | 02/01/2019 | |
| 38 | $45.97 | Water Bill | DWSD | 02/06/2019 | |
| 39 | $861.04 | Rent | $916 - $54.96 mgmt fee = $861.04 | 02/20/2019 | |
| 40 | $201.53 | Water Bill | DWSD | 03/13/2019 | |
| 41 | $61.89 | Electricity Bill | DWSD | 03/25/2019 | |
| 42 | $855.40 | Rent | $910 - $54.60 mgmt fee = $855.40 | 04/03/2019 | |
| 43 | $5.56 | Electricity Bill | DWSD | 04/10/2019 | |
| 44 | $200.00 | Registration Fee | Vacant registration inspection fee | 05/31/2019 | |
| 45 | $350.00 | Registration Fee | Rental registration fee | 05/31/2019 | |
| 46 | $572.46 | Rent | $609 - $36.54 = $572.46 (May) | 07/29/2019 | |
| 47 | $572.46 | Rent | $609 - $36.54 mgmt fee = $572.46 (June) | 07/30/2019 | |
| 48 | $690.90 | Rent | $735 - $44.10 mgmt fee = $690.90 (July) | 07/31/2019 | |
| 49 | $423.40 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 50 | $356.04 | Arcana Insurance Payment | 09/02/2019 | ||
| 51 | $377.88 | Rent | $402 - $24.12 mgmt fee = 377.88 | 01/06/2020 | |
| 52 | $496.19 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/21/2020 | |
| 53 | $377.88 | Rent | $402 - $24.12 mgmt fee = $377.88 | 01/28/2020 | |
| 54 | $450.00 | General Rehab Repairs | tenant plumbing and issues | 01/30/2020 | |
| 55 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 56 | $667.40 | Rent | Positive Feb 2020 rent | 03/09/2020 | |
| 57 | $667.40 | Rent | $710 - $42.60 mgmt fee = $667.40 | 03/27/2020 | |
| 58 | $377.88 | Rent | $402 - $24.12 mgmt fee = $377.88 | 05/01/2020 | |
| 59 | $377.88 | Rent | $402 - $24.12 mgmt fee = $377.88 | 06/04/2020 | |
| 60 | $377.88 | Rent | $402 - $24.12 mgmt fee = $377.88 | 06/29/2020 | |
| 61 | $667.40 | Rent | $710 - $42.60 mgmt fee = $667.40 | 07/28/2020 | |
| 62 | $429.13 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/16/2020 | |
| 63 | $377.88 | Rent | $402 - $24.12 mgmt fee = $377.88 | 09/02/2020 | |
| 64 | $377.88 | Rent | $402 - $24.12 mgmt fee = $377.88 | 09/28/2020 | |
| 65 | $672.10 | Rent | $715 - $42.90 mgmt fee = $672.10 | 10/29/2020 | |
| 66 | $382.58 | Rent | $407 - $24.42 mgmt fee = $382.58 | 01/04/2021 | |
| 67 | $813.10 | Rent | $865 - $51.90 mgmt fee = $813.10 | 01/27/2021 | |
| 68 | $620.22 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 69 | $382.58 | Rent | $407 rent paid minus $24.42 management fee=$382.58 | 02/27/2021 | |
| 70 | $672.10 | Rent | $715 rent paid minus $42.90 management fee | 03/29/2021 | |
| 71 | $382.58 | Rent | $407-mgmt fee $24.42= $382.58 | 04/27/2021 | |
| 72 | $382.58 | Rent | $407 rent paid minus $24.42 management fee=$382.58 | 05/31/2021 | |
| 73 | $514.54 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 74 | $604.42 | Rent | $643-$38.58 management fees=$604.42 Rent payment for July 2021 | 07/29/2021 | |
| 75 | $604.42 | Rent | $643 rent paid minus $38.58management fee | 08/28/2021 | |
| 76 | $604.42 | Rent | $643 rent paid minus $38.58management fee | 09/30/2021 | |
| 77 | $667.40 | Rent | $710 rent paid minus $42.60 management fee | 10/28/2021 | |
| 78 | $629.76 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 79 | $60.00 | Lawncare | October lawn care | 10/18/2022 | |
| 80 | $50.00 | Miscellaneous | October Frontpoint security alarm | 10/18/2022 | |
| 81 | $60.00 | Lawncare | November lawn care | 11/21/2022 | |
| 82 | $50.00 | Miscellaneous | November Frontpoint security alarm | 11/21/2022 | |
| 83 | $60.00 | Lawncare | December lawn care | 12/17/2022 | |
| 84 | $50.00 | Miscellaneous | December Frontpoint security alarm | 12/17/2022 | |
| 85 | $60.00 | Lawncare | January lawn care | 01/03/2023 | |
| 86 | $50.00 | Miscellaneous | January Frontpoint security alarm | 01/03/2023 | |
| 87 | $350.00 | Miscellaneous | Land bank maintenance, boarding, and cleanup | 01/18/2023 | |
| 88 | $350.00 | Lawncare | Additional lawn care and debris removal for Land Bank compliance | 01/30/2023 | |
| 89 | $400.00 | General Rehab Repairs | Renter move-in repairs - interior spot paint and plumbing repair for utilities | 01/30/2023 | |
| 90 | $60.00 | Lawncare | February lawn care | 03/01/2023 | |
| 91 | $50.00 | Miscellaneous | February Frontpoint security alarm | 03/01/2023 | |
| 92 | $120.00 | Lawncare | March and April lawn care | 04/06/2023 | |
| 93 | $100.00 | Miscellaneous | Security Alarm March and April | 04/06/2023 | |
| 94 | $60.00 | Lawncare | May lawn care | 05/13/2023 | |
| 95 | $50.00 | Miscellaneous | Security Alarm May | 05/13/2023 | |
| 96 | $1,545.88 | County Taxes | 06/26/2023 | ||
| 97 | $180.00 | Lawncare | June, July, August lawn care | 08/23/2023 | |
| 98 | $1,127.93 | County Taxes | 2023 County Taxes | 08/24/2023 | |
| 99 | $60.00 | Lawncare | September lawncare | 09/06/2023 | |
| 100 | $120.00 | Lawncare | October and November lawncare | 11/20/2023 | |
| 101 | $375.00 | Miscellaneous | secure, rekey, spruce up for appraisal access | 11/23/2023 | |
| 102 | $120.00 | Lawncare | December and January lawn care | 01/04/2024 | |
| 103 | $798.60 | County Taxes | Wayne County Winter taxes | 01/15/2024 | |
| 104 | $60.00 | Lawncare | Feb lawn care | 02/12/2024 | |
| 105 | $120.00 | Lawncare | March / April lawncare | 04/11/2024 | |
| 106 | $60.00 | Lawncare | May lawncare | 05/06/2024 | |
| 107 | $1,075.00 | Miscellaneous | Detroit appraisals | 05/13/2024 | |
| 108 | $60.00 | Lawncare | June lawncare | 06/10/2024 | |
| 109 | $120.00 | Lawncare | Lawncare July and August | 08/05/2024 | |
| 110 | $827.99 | County Taxes | 08/13/2024 | ||
| 111 | $250.00 | Miscellaneous | Appraisal lender change from Race City to Mino Lending | 09/06/2024 | |
| 112 | $250.00 | Miscellaneous | Appraisal change and market report addition for Mino Lending lender change | 09/16/2024 | |
| 113 | $550.00 | Miscellaneous | 1004D Appraisal recert of value | 10/04/2024 | |
| 114 | $120.00 | Lawncare | Sept and Oct lawncare | 10/16/2024 | |
| 115 | $900.00 | General Rehab Repairs | Juan weekly pay for Oct 28 - Nov 1st | 10/26/2024 | |
| 116 | $2,056.00 | General Rehab Repairs | Initial rehab materials for prep - Juan | 10/28/2024 | |
| 117 | $1,500.00 | Miscellaneous | Initial crew labor payment | 10/28/2024 | |
| 118 | $1,123.60 | Miscellaneous | DAWGS boarding - 2 months | 10/29/2024 | |
| 119 | $725.46 | General Rehab Repairs | Materials - Juan | 10/30/2024 | |
| 120 | $1,576.28 | Miscellaneous | 5 new windows to install plus materials | 10/30/2024 | |
| 121 | $566.45 | Miscellaneous | Materials siding paint | 10/31/2024 | |
| 122 | $3,850.00 | Miscellaneous | Labor pay 4 guys for 5 days | 11/01/2024 | |
| 123 | $145.65 | Miscellaneous | Home Depot Juan plumbing supplies | 11/03/2024 | |
| 124 | $1,258.65 | Miscellaneous | Rehab materials - mini split system HVAC, door hardware, bathroom hardware, kitchen hardware | 11/04/2024 | |
| 125 | $552.00 | Miscellaneous | 6 months insurance | 11/05/2024 | |
| 126 | $815.00 | Miscellaneous | Appraisal order Fastapp AMC | 11/05/2024 | |
| 127 | $535.46 | Miscellaneous | 3 heater / cooling wall units for mini splits | 11/06/2024 | |
| 128 | $3,986.50 | General Rehab Repairs | Countertops, cabinetry, framing supplies, flooring supplies | 11/06/2024 | |
| 129 | $2,156.45 | General Rehab Repairs | Toilets, ptrap, sink, vanity, lights, plugs, switches, plate covers, s traps, interior doors | 11/06/2024 | |
| 130 | $768.56 | Miscellaneous | Countertops, sinks. | 11/07/2024 | |
| 131 | $3,850.00 | General Rehab Repairs | 5 days labor | 11/09/2024 | |
| 132 | $687.56 | Miscellaneous | Sheetrock, tape, wall mud, etc. | 11/09/2024 | |
| 133 | $1,320.54 | General Rehab Repairs | Flooring, hardware, and lighting | 11/13/2024 | |
| 134 | $468.87 | Miscellaneous | Lighting, vents, supplies | 11/13/2024 | |
| 135 | $250.00 | Lawncare | Prep for appraisal lawncare - raking, debris, trimming | 11/15/2024 | |
| 136 | $3,850.00 | General Rehab Repairs | 5 days 4 guys labor | 11/15/2024 | |
| 137 | $60.00 | Lawncare | Nov 2024 lawncare | 11/21/2024 | |
| 138 | $1,535.67 | Miscellaneous | Property staging, staging transfers, Detroit appraisal trip hotel, rental car, flights, added appraisal fees, split between 3 homes | 11/22/2024 | |
| 139 | $60.00 | Lawncare | Dec lawncare | 12/09/2024 | |
| Overall ROI : 21.96 % ROI (2017) : 0.00% ROI (2018) : 9.06% ROI (2019) : 240.06% ROI (2020) : 320.28% ROI (2021) : 311.48% ROI (2022) : 0.00% ROI (2023) : 0.00% ROI (2024) : 0.00% |
Overall Profit/Loss: -$55,860.75 Profit/Loss (2017) : -$13,372.43 Profit/Loss (2018) : -$7,882.09 Profit/Loss (2019) : -$2,402.65 Profit/Loss (2020) : -$3,658.56 Profit/Loss (2021) : -$3,731.66 Profit/Loss (2022) : -$330.00 Profit/Loss (2023) : -$5,058.81 Profit/Loss (2024) : -$39,010.29 |
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.
