Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $7,222.00 | General Rehab Repairs | 06/02/2017 |
| Purchase price : $0 | Total Rehab Cost :$7,222.00 | All-In Property Cost : $7,222.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $16,370.00 | Final Funds (Purchase) | Total Purchase Price ($12,200) with closing costs and rehab | 06/02/2017 | |
| 2 | $2.94 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 3 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 4 | $30.24 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 5 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 6 | $30.24 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 7 | $30.24 | Arcana Insurance Payment | Arcana Insurance Feb | 06/28/2017 | |
| 8 | $550.00 | Rent | $700 deposit minus $150 water turnon | 06/27/2017 | |
| 9 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 06/28/2017 | |
| 10 | $644.00 | Rent | April Rent | 06/27/2017 | |
| 11 | $30.24 | Arcana Insurance Payment | Arcana April | 06/28/2017 | |
| 12 | $29.27 | Arcana Insurance Payment | Arcana May | 06/28/2017 | |
| 13 | $7,222.00 | General Rehab Repairs | 06/02/2017 | ||
| 14 | $117.61 | County Taxes | 2016 | 06/28/2017 | |
| 15 | $644.00 | Rent | April Rent received on 5/20 $700 minus PM fee | 06/29/2017 | |
| 16 | $644.00 | Rent | May Rent received on 5/22 $700 minus PM fee | 06/29/2017 | |
| 17 | $644.00 | Rent | 6/26/17 - June Rent minus PM fee | 06/29/2017 | |
| 18 | $858.16 | County Taxes | 2017 | 09/27/2017 | |
| 19 | $118.68 | Arcana Insurance Payment | June, July, Aug 2017 | 09/27/2017 | |
| 20 | $356.04 | Arcana Insurance Payment | Arcana 8/29/17 to 8/29/18 | 09/27/2017 | |
| 21 | $658.00 | Rent | Sept 2017 | 09/28/2017 | |
| 22 | $658.00 | Rent | Oct 2017 | 10/24/2017 | |
| 23 | $658.00 | Rent | Nov 2017 | 11/12/2017 | |
| 24 | $658.00 | Rent | Jan 2018 Rent | 01/23/2018 | |
| 25 | $74.92 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 26 | $658.00 | Rent | Feb 2018 | 03/23/2018 | |
| 27 | $470.00 | Rent | April partial rent - $500 minus $30 management fee | 04/25/2018 | |
| 28 | $20.00 | Eviction Expenses | 7 day notice | 05/12/2018 | |
| 29 | $658.00 | Rent | $700 May 2018 rent minus $42 management fee | 06/22/2018 | |
| 30 | $658.00 | Rent | $700 June 2018 rent minus $42 management fee | 06/22/2018 | |
| 31 | $80.92 | City Taxes | Detroit city taxes 2017 | 06/26/2018 | |
| 32 | $20.00 | Eviction Expenses | 7 day notice | 07/27/2018 | |
| 33 | $860.92 | City Taxes | City of Detroit | 08/13/2018 | |
| 34 | $658.00 | Rent | July 2018 Rent | 09/25/2018 | |
| 35 | $658.00 | Rent | Aug Rent 2018 | 09/25/2018 | |
| 36 | $658.00 | Rent | Sept 2018 Rent | 09/25/2018 | |
| 37 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/18/2018 | |
| 38 | $658.00 | Rent | 700 Oct rent minus $42 management fee | 10/30/2018 | |
| 39 | $250.04 | Rent | $268-$15.96 = $250.04 management fee / $434 credit for furnace repair | 11/29/2018 | |
| 40 | $20.00 | Eviction Expenses | 7 day notice | 12/11/2018 | |
| 41 | $76.45 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 42 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 02/01/2019 | |
| 43 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 02/19/2019 | |
| 44 | $20.00 | Eviction Expenses | 7 day notice | 05/31/2019 | |
| 45 | $658.00 | Rent | $700 - $42 mgmt fee = $658 (May) | 07/29/2019 | |
| 46 | $658.00 | Rent | $700 - $42 mgmt fee = $658 (July) | 07/31/2019 | |
| 47 | $446.23 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 48 | $195.00 | Registration Fee | 11/15/2019 | ||
| 49 | $524.51 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 50 | $705.00 | Rent | $750 - $45 mgmt fee = $705 | 01/28/2020 | |
| 51 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 52 | $658.00 | Rent | Positive Feb 2020 rent | 03/09/2020 | |
| 53 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 03/27/2020 | |
| 54 | $417.00 | Arcana Insurance Payment | Arcana insurance from 5/1/20 to 5/1/21 | 05/04/2020 | |
| 55 | $1,316.00 | Rent | $1400 - $84 mgmt fee = $1316 | 06/08/2020 | |
| 56 | $1,316.00 | Rent | $1400 - $84 mgmt fee = $1316 | 06/30/2020 | |
| 57 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 07/28/2020 | |
| 58 | $452.39 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/14/2020 | |
| 59 | $658.00 | Rent | $700 - $42 mgmt fee = $658 Aug 2020 rent | 09/02/2020 | |
| 60 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 09/29/2020 | |
| 61 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 10/29/2020 | |
| 62 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 01/04/2021 | |
| 63 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 01/27/2021 | |
| 64 | $651.66 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 65 | $1,316.00 | Rent | $1400 rent paid minus $84 management fee | 03/29/2021 | |
| 66 | $658.00 | Rent | $700-mgmt fee $42=$658 | 04/27/2021 | |
| 67 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 68 | $658.00 | Rent | $700 - $42 mgmt fee = $658 | 05/31/2021 | |
| 69 | $120.00 | Miscellaneous | Closing Notary, Copies, Mailing | 06/04/2021 | |
| 70 | $42,464.18 | Miscellaneous Profit | Closing funds from 45k sale | 06/08/2021 | |
| 71 | $542.41 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 72 | $658.00 | Rent | $700-$42management fees=$658 Rent payment for July 2021 | 07/29/2021 | |
| Overall ROI : 223.00 % ROI (2017) : 20.17% ROI (2018) : 417.65% ROI (2019) : 356.79% ROI (2020) : 433.77% ROI (2021) : 3,376.46% |
Overall Profit/Loss: -$37,545.69 Profit/Loss (2017) : -$20,181.50 Profit/Loss (2018) : -$4,551.24 Profit/Loss (2019) : -$1,894.32 Profit/Loss (2020) : -$5,605.52 Profit/Loss (2021) : -$45,676.11 |
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.
