Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $1,130.00 | General Rehab Repairs | 06/28/2017 |
| 2 | $1,500.00 | General Rehab Repairs | 06/28/2017 |
| 3 | $7,222.00 | General Rehab Repairs | 06/02/2017 |
| 4 | $2,500.00 | General Rehab Repairs | 04/16/2018 |
| 5 | $2,000.00 | General Rehab Repairs | 05/03/2018 |
| 6 | $500.00 | General Rehab Repairs | 06/21/2018 |
| 7 | $350.00 | General Rehab Repairs | 10/17/2018 |
| 8 | $3,600.00 | General Rehab Repairs | 03/15/2019 |
| 9 | $1,020.00 | General Rehab Repairs | 07/05/2019 |
| Purchase price : $0 | Total Rehab Cost :$19,822.00 | All-In Property Cost : $19,822.00 | |
| # | 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 | $1,130.00 | General Rehab Repairs | Removal of brush and debris charge city charge | 06/28/2017 | |
| 3 | $2.94 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 5 | $30.24 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 6 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 7 | $30.24 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 8 | $30.24 | Arcana Insurance Payment | Arcana Insurance Feb | 06/28/2017 | |
| 9 | $175.00 | Eviction Expenses | Eviction costs | 06/28/2017 | |
| 10 | $1,500.00 | General Rehab Repairs | Rehab from squatter | 06/28/2017 | |
| 11 | $700.00 | Rent | Deposit | 06/27/2017 | |
| 12 | $170.00 | Water Bill | Water turn on and garbage can | 06/28/2017 | |
| 13 | $30.24 | Arcana Insurance Payment | Arcana April | 06/28/2017 | |
| 14 | $29.27 | Arcana Insurance Payment | Arcana May | 06/28/2017 | |
| 15 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 06/28/2017 | |
| 16 | $7,222.00 | General Rehab Repairs | 06/02/2017 | ||
| 17 | $117.61 | County Taxes | 2016 | 06/28/2017 | |
| 18 | $175.00 | Eviction Expenses | City Management - taken out of Rent | 06/29/2017 | |
| 19 | $300.00 | Inspection | City inspections | 09/27/2017 | |
| 20 | $936.39 | County Taxes | 2017 | 09/27/2017 | |
| 21 | $118.68 | Arcana Insurance Payment | June, July, Aug 2017 | 09/27/2017 | |
| 22 | $356.04 | Arcana Insurance Payment | Arcana 8/29/17 to 8/29/18 | 09/27/2017 | |
| 23 | $84.38 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 24 | $20.00 | Eviction Expenses | 30 day notice | 04/15/2018 | |
| 25 | $2,500.00 | General Rehab Repairs | $5,000 approved for renewal repairs after eviction. $2,500 paid Anthony Sharp on 4/15 | 04/16/2018 | |
| 26 | $2,000.00 | General Rehab Repairs | Paid Anthony Sharp $2000 on 5/3 | 05/03/2018 | |
| 27 | $300.00 | Eviction Expenses | Pre/file summons/complaint | 05/12/2018 | |
| 28 | $388.00 | Water Bill | 06/20/2018 | ||
| 29 | $500.00 | General Rehab Repairs | Paid Anthony Sharp on 6/20 | 06/21/2018 | |
| 30 | $91.14 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 31 | $939.52 | City Taxes | City of Detroit | 09/04/2018 | |
| 32 | $658.00 | Rent | July 2018 Rent - $700 minus management | 09/25/2018 | |
| 33 | $686.20 | Rent | Aug 2018 rent - $730 minus management | 09/25/2018 | |
| 34 | $686.20 | Rent | Sept 2018 Rent - $730 minus management | 09/25/2018 | |
| 35 | $350.00 | General Rehab Repairs | Snake drain repair drain clean floor paint | 10/17/2018 | |
| 36 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewa | 10/18/2018 | |
| 37 | $686.20 | Rent | $730 minus $43.80 management fee | 10/30/2018 | |
| 38 | $686.20 | Rent | $730 minus $43.80 management fee | 10/30/2018 | |
| 39 | $20.00 | Eviction Expenses | 7 day notice | 11/13/2018 | |
| 40 | $658.00 | Rent | $700-$42 = $658 management fee | 11/29/2018 | |
| 41 | $86.13 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 42 | $686.20 | Rent | $730 - $43.80 mgmt fee = $686.20 | 02/20/2019 | |
| 43 | $3,600.00 | General Rehab Repairs | Plumbing leak, water damage repair | 03/15/2019 | |
| 44 | $20.00 | Eviction Expenses | 7 day notice | 03/29/2019 | |
| 45 | $686.20 | Rent | $730 - $43.80 mgmt fee = $686.20 | 04/03/2019 | |
| 46 | $1,020.00 | General Rehab Repairs | Illegal dumping debris removal and lawncare | 07/05/2019 | |
| 47 | $658.00 | Rent | $700 - $42 mgmt fee = $658 (May) | 07/29/2019 | |
| 48 | $329.00 | Rent | $350 - $21 mgmt fee = $329 (June) | 07/31/2019 | |
| 49 | $1,184.40 | Rent | $1260 - $75.60 mgmt fee = $1184.40 (July) | 07/31/2019 | |
| 50 | $487.55 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 51 | $575.74 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 52 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 53 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/27/2020 | |
| 54 | $494.51 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/14/2020 | |
| 55 | $708.57 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 56 | $592.91 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 57 | $731.24 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 58 | $1,217.24 | County Taxes | 08/15/2022 | ||
| 59 | $150.00 | Miscellaneous | notary, copies, mailing | 09/20/2022 | |
| 60 | $350.00 | Miscellaneous | TC and underwriting | 09/20/2022 | |
| 61 | $60.00 | Lawncare | October lawn care | 10/18/2022 | |
| 62 | $150.00 | Miscellaneous | Notary and closing docs mailing, printing | 10/31/2022 | |
| 63 | $35,423.12 | Miscellaneous Profit | Cash sale | 11/02/2022 | |
| 64 | $60.00 | Lawncare | November lawn care | 11/21/2022 | |
| 65 | $60.00 | Lawncare | February lawn care | 03/01/2023 | |
| Overall ROI : 92.92 % ROI (2017) : 2.43% ROI (2018) : 53.79% ROI (2019) : 67.97% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : 1,782.53% ROI (2023) : 0.00% |
Overall Profit/Loss: -$3,330.56 Profit/Loss (2017) : -$28,109.73 Profit/Loss (2018) : -$3,488.28 Profit/Loss (2019) : -$1,669.88 Profit/Loss (2020) : -$1,405.83 Profit/Loss (2021) : -$2,032.72 Profit/Loss (2022) : -$33,435.88 Profit/Loss (2023) : -$60.00 |
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.
