Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $16,370.00 | Property Purchase Price | 06/02/2017 |
| 2 | $7,222.00 | General Rehab Repairs | 06/28/2017 |
| 3 | $2,000.00 | General Rehab Repairs | 11/20/2017 |
| 4 | $1,000.00 | General Rehab Repairs | 12/26/2017 |
| 5 | $500.00 | General Rehab Repairs | 02/19/2018 |
| 6 | $4,000.00 | General Rehab Repairs | 11/15/2018 |
| 7 | $785.00 | General Rehab Repairs | 02/10/2019 |
| Purchase price : $16370 | Total Rehab Cost :$15,507.00 | All-In Property Cost : $31,877.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $16,370.00 | Property Purchase Price | 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 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 06/28/2017 | |
| 9 | $30.24 | Arcana Insurance Payment | Arcana April | 06/28/2017 | |
| 10 | $29.27 | Arcana Insurance Payment | Arcana May | 06/28/2017 | |
| 11 | $7,222.00 | General Rehab Repairs | 06/28/2017 | ||
| 12 | $1,438.60 | County Taxes | 06/28/2017 | ||
| 13 | $675.00 | Rent | 5/31/17 $1350 collected, first month taken as PM fee | 06/29/2017 | |
| 14 | $150.00 | Miscellaneous | Water turn on - City Management - taken out of Rent | 06/29/2017 | |
| 15 | $535.00 | Miscellaneous | Rick's Pics random tasks - City Management - taken out of Rent | 06/29/2017 | |
| 16 | $42.66 | Electricity Bill | DTE | 09/23/2017 | |
| 17 | $89.01 | Arcana Insurance Payment | June, July, August | 09/23/2017 | |
| 18 | $356.04 | Arcana Insurance Payment | Arcana 2017 Renewal | 09/23/2017 | |
| 19 | $1,116.37 | County Taxes | 2017 | 09/23/2017 | |
| 20 | $41.34 | Electricity Bill | 09/23/2017 | ||
| 21 | $118.68 | Arcana Insurance Payment | June, July, Aug 2017 | 09/23/2017 | |
| 22 | $356.04 | Arcana Insurance Payment | Arcana 8/29/17 to 8/29/18 | 09/23/2017 | |
| 23 | $48.99 | Water Bill | 11/08/2017 | ||
| 24 | $10.16 | Electricity Bill | DTE | 11/08/2017 | |
| 25 | $215.00 | Eviction Expenses | 7 Day notice and Eviction filing | 11/08/2017 | |
| 26 | $56.64 | Water Bill | 11/08/2017 | ||
| 27 | $2,000.00 | General Rehab Repairs | Final Section 8 repairs - Anthony ($3,500 approved - $2,000 paid 11/19) | 11/20/2017 | |
| 28 | $71.94 | Water Bill | 11/27/2017 | ||
| 29 | $1,000.00 | General Rehab Repairs | Remainder of Sec 8 repairs - not included in Dec consolidation | 12/26/2017 | |
| 30 | $325.00 | Eviction Expenses | Attorney fees - court hearing | 01/27/2018 | |
| 31 | $106.21 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 32 | $500.00 | General Rehab Repairs | 02/19/2018 | ||
| 33 | $325.00 | Eviction Expenses | appearance in court, prep writ | 04/15/2018 | |
| 34 | $2,514.50 | Rent | $2675 back rent from Eviction paid minus $160.50 management | 04/25/2018 | |
| 35 | $250.00 | Eviction Expenses | Prepare/attend writ hearing | 05/12/2018 | |
| 36 | $114.71 | City Taxes | Detroit city taxes 2017 | 06/26/2018 | |
| 37 | $20.00 | Eviction Expenses | 7 day notice | 07/27/2018 | |
| 38 | $1,120.39 | City Taxes | City of Detroit | 08/17/2018 | |
| 39 | $900.00 | Eviction Expenses | Prep/file summons complaint/attend hearing | 08/24/2018 | |
| 40 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/18/2018 | |
| 41 | $385.00 | Eviction Expenses | prep writ/order eviction/prepare/attend hearing | 11/13/2018 | |
| 42 | $2,600.00 | Eviction Expenses | Lockout, debris removal, 3 dumpsters, 200 cubic yards of personal property | 11/14/2018 | |
| 43 | $4,000.00 | General Rehab Repairs | Rehab to sell Land Contract. Paid Sharp $4,000 on 11/15 | 11/15/2018 | |
| 44 | $60.00 | Lawncare | 12/12/2018 | ||
| 45 | $108.42 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 46 | $785.00 | General Rehab Repairs | Clear Boarding | 02/10/2019 | |
| 47 | $70.00 | Snow Removal | 02/20/2019 | ||
| 48 | $475.00 | Eviction Expenses | Writ hearing and notices from Oct 2018 | 03/11/2019 | |
| 49 | $65.00 | Lawncare | 03/29/2019 | ||
| 50 | $60.00 | Lawncare | 05/05/2019 | ||
| 51 | $60.00 | Lawncare | 06/03/2019 | ||
| 52 | $79.83 | Water Bill | DWSD | 06/26/2019 | |
| 53 | $100.00 | Utility Turn On | Electric & gas turn on | 06/26/2019 | |
| 54 | $602.28 | Miscellaneous | Final funds at closing. LC sale on 6/28/19. $41,153 Maxim figure spent day of closing | 06/29/2019 | |
| 55 | $47.19 | Electricity Bill | DTE | 08/04/2019 | |
| 56 | $33.37 | Water Bill | DWSD | 09/08/2019 | |
| 57 | $625.17 | Rent | Sept 2019 Mortgage payment | 09/30/2019 | |
| 58 | $300.00 | Miscellaneous Profit | Water Escrow refund | 10/07/2019 | |
| 59 | $625.17 | Rent | 9/28/19 payment | 10/08/2019 | |
| 60 | $650.17 | Rent | Mortgage payment 11/8 | 11/12/2019 | |
| 61 | $625.17 | Rent | 8/9/19 Mortgage payment | 11/12/2019 | |
| 62 | $650.17 | Rent | 10/28/19 Mortgage payment | 11/18/2019 | |
| 63 | $637.67 | Rent | 11/28/19 mortgage payment | 12/23/2019 | |
| 64 | $637.67 | Rent | 12/28/2019 Mortgage payment | 01/20/2020 | |
| 65 | $625.17 | Rent | 1/28/2020 mortgage payment | 02/24/2020 | |
| 66 | $625.17 | Rent | 2/28/20 mortgage payment | 03/24/2020 | |
| 67 | $625.56 | Rent | Mortgage payment 3/28/20 | 04/20/2020 | |
| 68 | $637.67 | Rent | Mortgage payment 4/30/20 | 05/23/2020 | |
| 69 | $625.17 | Rent | Mortgage payment 5/28/20 | 06/22/2020 | |
| 70 | $638.06 | Rent | Mortgage payment 6/28/20 | 07/20/2020 | |
| 71 | $625.45 | Rent | Mortgage payment 8/28/20 | 09/14/2020 | |
| 72 | $629.45 | Rent | Mortgage payment 9/28/20 | 10/19/2020 | |
| 73 | $629.45 | Rent | Mortgage payment 10/28/20 | 11/18/2020 | |
| 74 | $625.17 | Rent | Mortgage payment - 11/28/20 | 12/21/2020 | |
| 75 | $650.17 | Rent | Mortgage payment 12/28/20 | 01/19/2021 | |
| 76 | $639.45 | Rent | Mortgage payment - 1/28/21 | 02/19/2021 | |
| 77 | $639.45 | Rent | Mortgage payment 2/28/21 | 03/22/2021 | |
| 78 | $625.17 | Rent | Mortgage payment 3/28/21 | 04/20/2021 | |
| 79 | $625.17 | Rent | Mortgage payment - 5/28/21 | 06/29/2021 | |
| 80 | $625.17 | Rent | Mortgage payment 6/28/21 | 07/19/2021 | |
| 81 | $625.17 | Rent | Mortgage payment 7/28/21 | 08/16/2021 | |
| 82 | $625.17 | Rent | Mortgage payment 9/28/21 | 10/18/2021 | |
| 83 | $625.17 | Rent | Mortgage payment 10/28/21 | 11/16/2021 | |
| 84 | $626.49 | Rent | Mortgage payment 11/28/21 | 12/14/2021 | |
| 85 | $191.12 | Miscellaneous | RHMS land contract insurance | 01/26/2022 | |
| 86 | $625.17 | Rent | Mortgage payment 1/28/22 | 02/14/2022 | |
| 87 | $631.17 | Rent | Mortgage payment 3/28/22 | 04/11/2022 | |
| 88 | $631.16 | Rent | Mortgage payment 4/28/22 | 05/09/2022 | |
| 89 | $631.16 | Rent | Mortgage payment 5/28/22 | 06/20/2022 | |
| 90 | $631.16 | Rent | Mortgage 6/28/22 | 07/18/2022 | |
| 91 | $631.16 | Rent | Mortgage payment 8/28/22 | 09/26/2022 | |
| 92 | $631.16 | Rent | Mortgage payment 5/28/22 | 10/19/2022 | |
| 93 | $625.17 | Rent | Mortgage payment 11/28/22 | 12/16/2022 | |
| 94 | $631.16 | Rent | Mortgage payment 10/28/22 | 12/16/2022 | |
| 95 | $631.16 | Rent | Mortgage payment 12/28/22 | 01/23/2023 | |
| 96 | $625.17 | Rent | 1/28/23 | 02/13/2023 | |
| 97 | $631.16 | Rent | 2/28/23 | 03/23/2023 | |
| 98 | $625.17 | Rent | Mortgage payment 3/28/23 | 04/17/2023 | |
| 99 | $625.17 | Rent | Mortgage payment 5/28/23 | 06/26/2023 | |
| 100 | $625.17 | Rent | Mortgage payment 7/28/23 | 08/21/2023 | |
| 101 | $625.17 | Rent | Mortgage payment 4/28/21 | 07/29/2025 | |
| Overall ROI : 67.65 % ROI (2017) : 2.14% ROI (2018) : 22.73% ROI (2019) : 165.46% ROI (2020) : inf% ROI (2021) : inf% ROI (2022) : 2,965.92% ROI (2023) : inf% ROI (2025) : inf% |
Overall Profit/Loss: -$14,626.81 Profit/Loss (2017) : -$30,802.48 Profit/Loss (2018) : -$8,547.85 Profit/Loss (2019) : -$1,627.43 Profit/Loss (2020) : -$6,923.99 Profit/Loss (2021) : -$6,306.58 Profit/Loss (2022) : -$5,477.35 Profit/Loss (2023) : -$3,763.00 Profit/Loss (2025) : -$625.17 |
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.
