Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $6,800.00 | Property Purchase Price | 09/26/2017 |
| 2 | $7,565.00 | General Rehab Repairs | 11/01/2017 |
| 3 | $2,000.00 | General Rehab Repairs | 03/07/2018 |
| 4 | $2,170.00 | General Rehab Repairs | 04/06/2018 |
| 5 | $2,825.00 | General Rehab Repairs | 05/27/2020 |
| 6 | $675.00 | General Rehab Repairs | 07/31/2020 |
| 7 | $850.00 | Plumbing Repairs | 11/09/2020 |
| Purchase price : $6800 | Total Rehab Cost :$16,085.00 | All-In Property Cost : $22,885.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $6,800.00 | Property Purchase Price | 09/26/2017 | ||
| 2 | $759.00 | County Taxes | Summer tax 2017 | 09/26/2017 | |
| 3 | $7,565.00 | General Rehab Repairs | $7565 Bid approved for Scott - *$1,513 paid 10/27 $1,500 paid 10/28 *$4565 paid 11/1 | 11/01/2017 | |
| 4 | $100.00 | Setup Fee | 11/17/2017 | ||
| 5 | $50.00 | Utility Turn On | Power | 11/17/2017 | |
| 6 | $150.00 | Water Bill | Service start fee | 11/28/2017 | |
| 7 | $150.00 | Inspection | 12/22/2017 | ||
| 8 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 9 | $11.46 | Electricity Bill | DTE | 12/29/2017 | |
| 10 | $2,000.00 | General Rehab Repairs | Final Sec 8 repairs - Anthony Sharp - $2,000 paid 3/6 | 03/07/2018 | |
| 11 | $2,170.00 | General Rehab Repairs | Move-in rehab for final inspection - paid Anthony Sharp 4/5 | 04/06/2018 | |
| 12 | $60.00 | Lawncare | 04/17/2018 | ||
| 13 | $60.00 | Lawncare | 05/12/2018 | ||
| 14 | $150.00 | Water Bill | Initial Water bill for tenancy | 08/30/2018 | |
| 15 | $691.98 | City Taxes | City of Detroit | 09/04/2018 | |
| 16 | $60.00 | Lawncare | 09/05/2018 | ||
| 17 | $600.00 | Curb Appeal Repairs | Debris removal, yard clean, minor repairs, cleaning, showing repairs | 09/06/2018 | |
| 18 | $60.00 | Lawncare | 09/21/2018 | ||
| 19 | $200.00 | Miscellaneous | Water Turn On | 09/21/2018 | |
| 20 | $60.00 | Lawncare | 12/04/2018 | ||
| 21 | $55.64 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 22 | $70.00 | Snow Removal | 02/22/2019 | ||
| 23 | $65.00 | Lawncare | 03/31/2019 | ||
| 24 | $60.00 | Lawncare | 05/05/2019 | ||
| 25 | $60.00 | Lawncare | 06/03/2019 | ||
| 26 | $350.00 | Curb Appeal Repairs | Curb appeal repairs & lawncare | 06/27/2019 | |
| 27 | $357.46 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/22/2019 | |
| 28 | $125.00 | Lawncare | lawncare & property cleanup | 09/06/2019 | |
| 29 | $475.00 | Miscellaneous | Alarm system installation | 12/30/2019 | |
| 30 | $414.42 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/23/2020 | |
| 31 | $285.58 | Miscellaneous | Rami & Martin expenses | 01/31/2020 | |
| 32 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/19/2020 | |
| 33 | $2,825.00 | General Rehab Repairs | Final rehab repairs for LC list and sale. Paid Tyson 5/26/20 $2825 | 05/27/2020 | |
| 34 | $675.00 | General Rehab Repairs | Final repairs for showing status, paid Tyson 7/30/20 | 07/31/2020 | |
| 35 | $150.00 | Miscellaneous | May, June, July Frontpoint alarm security system payment | 08/01/2020 | |
| 36 | $70.00 | Miscellaneous | Utility Appointment 4 hours | 08/06/2020 | |
| 37 | $361.97 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/16/2020 | |
| 38 | $150.00 | Miscellaneous | Aug, Sept, Oct 2020 Frontpoint Alarm | 10/14/2020 | |
| 39 | $850.00 | Plumbing Repairs | Leak and piping repair. Paid Tyson 11/9/20 | 11/09/2020 | |
| 40 | $50.00 | Miscellaneous | Frontpoint November alarm | 11/19/2020 | |
| 41 | $142.29 | Arcana Insurance Payment | 01/06/2021 | ||
| 42 | $1,250.00 | Miscellaneous | Buyer side commission and TC fee | 04/27/2021 | |
| 43 | $191.12 | Miscellaneous | RHMS land contract insurance | 01/26/2022 | |
| 44 | $8,119.65 | Rent | Mortgage payments 7/21/21 through 9/21/22 | 01/13/2023 | |
| 45 | $375.00 | Miscellaneous | Special servicing invoice for government assistance | 06/15/2023 | |
| 46 | $541.31 | Rent | Mortgage payment 10/21/22 | 11/06/2023 | |
| 47 | $2,687.95 | County Taxes | Delinquent County taxes owed | 01/31/2024 | |
| 48 | $2,349.23 | County Taxes | 11/17/2025 | ||
| 49 | $541.31 | Rent | Mortgage payment 8/21/24 | 12/18/2025 | |
| 50 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| Overall ROI : 25.35 % 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) : 2,309.59% ROI (2024) : 0.00% ROI (2025) : 23.04% ROI (2026) : 0.00% |
Overall Profit/Loss: -$27,100.83 Profit/Loss (2017) : -$15,635.46 Profit/Loss (2018) : -$6,111.98 Profit/Loss (2019) : -$1,618.10 Profit/Loss (2020) : -$5,881.97 Profit/Loss (2021) : -$1,392.29 Profit/Loss (2022) : -$191.12 Profit/Loss (2023) : -$8,285.96 Profit/Loss (2024) : -$2,687.95 Profit/Loss (2025) : -$1,807.92 Profit/Loss (2026) : -$60.00 |
Total Admin Owed : $48.00 Total Client Owed : $0.00 Total Owed : $48.00 |
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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.
