Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $4,800.00 | Property Purchase Price | 09/26/2017 |
| 2 | $5,750.00 | General Rehab Repairs | 05/07/2018 |
| 3 | $3,450.00 | General Rehab Repairs | 06/13/2018 |
| 4 | $2,800.00 | General Rehab Repairs | 10/26/2020 |
| 5 | $5,400.00 | General Rehab Repairs | 10/27/2020 |
| 6 | $625.00 | General Rehab Repairs | 11/23/2020 |
| 7 | $700.00 | General Rehab Repairs | 11/23/2020 |
| Purchase price : $4800 | Total Rehab Cost :$18,725.00 | All-In Property Cost : $23,525.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $4,800.00 | Property Purchase Price | 09/26/2017 | ||
| 2 | $902.00 | County Taxes | Summer tax 2017 | 09/26/2017 | |
| 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 | $5,750.00 | General Rehab Repairs | $11,500 approved for rehab. Anthony Sharp paid $2,300 on 5/6 $3450 paid on 5/14 | 05/07/2018 | |
| 7 | $3,450.00 | General Rehab Repairs | Anthony Sharp paid $3450 on 6/12 | 06/13/2018 | |
| 8 | $863.63 | City Taxes | City of Detroit | 08/16/2018 | |
| 9 | $600.00 | Curb Appeal Repairs | Debris removal, yard clean, minor repairs, cleaning, showing repairs | 09/06/2018 | |
| 10 | $76.80 | City Taxes | Detroit Winter Taxes 2019 | 01/29/2019 | |
| 11 | $70.00 | Snow Removal | 02/22/2019 | ||
| 12 | $65.00 | Lawncare | 04/01/2019 | ||
| 13 | $60.00 | Lawncare | 05/07/2019 | ||
| 14 | $60.00 | Lawncare | 06/04/2019 | ||
| 15 | $350.00 | Curb Appeal Repairs | Curb appeal repairs & lawncare | 06/27/2019 | |
| 16 | $447.65 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 17 | $447.65 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 18 | $526.24 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 19 | $285.58 | Miscellaneous | Rami & Martin expenses | 01/31/2020 | |
| 20 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/21/2020 | |
| 21 | $453.85 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/19/2020 | |
| 22 | $2,800.00 | General Rehab Repairs | Tyson paid $2800 on 10/26. | 10/26/2020 | |
| 23 | $5,400.00 | General Rehab Repairs | $5400 approved. $2700 paid Tyson on 10/27. Tyson paid $2,700 on 10/29 | 10/27/2020 | |
| 24 | $625.00 | General Rehab Repairs | Paint basement walls and floor | 11/23/2020 | |
| 25 | $700.00 | General Rehab Repairs | Fix roof and siding | 11/23/2020 | |
| 26 | $417.96 | Miscellaneous | Insurance | 12/22/2020 | |
| 27 | $100.00 | Miscellaneous | Dec and Jan Frontpoint alarm | 01/26/2021 | |
| 28 | $653.63 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 29 | $1,250.00 | Miscellaneous | TC, Underwriter, and commission fee | 04/24/2021 | |
| 30 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 31 | $42.75 | Miscellaneous Profit | Land Contract Sale - (-$31,699 at purchase) | 05/08/2021 | |
| 32 | $770.40 | Water Bill | Closing water bill | 05/21/2021 | |
| 33 | $80.00 | Lawncare | May and June Lawncare | 06/08/2021 | |
| 34 | $515.97 | Rent | Mortgage payment 5/16/21 | 12/06/2021 | |
| 35 | $2,053.04 | Rent | Mortgage payments 6/16/21 through 9/16/21 | 08/22/2024 | |
| 36 | $587.99 | Rent | Mortgage payment 10/16/21 | 09/30/2024 | |
| 37 | $599.80 | Rent | Mortgage payment 11/16/21 | 11/08/2024 | |
| 38 | $418.07 | County Taxes | Tax Default Land Contract Payment for 2022 | 01/21/2025 | |
| 39 | $510.97 | Rent | Mortgage payment 12/16/21 | 10/23/2025 | |
| 40 | $1,635.24 | County Taxes | Delinquent taxes | 11/17/2025 | |
| 41 | $60.00 | Miscellaneous | FCI servicing fee | 02/10/2026 | |
| 42 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| Overall ROI : 12.41 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 19.04% ROI (2023) : nan% ROI (2024) : inf% ROI (2025) : 24.89% ROI (2026) : 0.00% |
Overall Profit/Loss: -$30,413.18 Profit/Loss (2017) : -$5,817.00 Profit/Loss (2018) : -$10,963.63 Profit/Loss (2019) : -$1,577.10 Profit/Loss (2020) : -$11,258.63 Profit/Loss (2021) : -$2,375.31 Profit/Loss (2023) : -$0.00 Profit/Loss (2024) : -$3,240.83 Profit/Loss (2025) : -$1,542.34 Profit/Loss (2026) : -$120.00 |
Total Admin Owed : $96.00 Total Client Owed : $0.00 Total Owed : $96.00 |
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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.
