Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $10,200.00 | General Rehab Repairs | 11/08/2017 |
| 2 | $1,250.00 | General Rehab Repairs | 01/09/2018 |
| 3 | $2,500.00 | General Rehab Repairs | 11/07/2019 |
| Purchase price : $0 | Total Rehab Cost :$13,950.00 | All-In Property Cost : $13,950.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $16,370.00 | Arcana Insurance Payment | Total Purchase Price ($12,200) with closing costs and rehab | 11/08/2017 | |
| 2 | $2.94 | Arcana Insurance Payment | Arcana | 11/08/2017 | |
| 3 | $29.27 | Arcana Insurance Payment | Arcana | 11/08/2017 | |
| 4 | $30.24 | Arcana Insurance Payment | Arcana | 11/08/2017 | |
| 5 | $29.27 | Arcana Insurance Payment | Arcana | 11/08/2017 | |
| 6 | $30.24 | Arcana Insurance Payment | Arcana | 11/08/2017 | |
| 7 | $30.24 | Arcana Insurance Payment | Arcana Insurance Feb | 11/08/2017 | |
| 8 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 11/08/2017 | |
| 9 | $30.24 | Arcana Insurance Payment | Arcana April | 11/08/2017 | |
| 10 | $29.27 | Arcana Insurance Payment | Arcana May | 11/08/2017 | |
| 11 | $74.51 | County Taxes | 2016 | 11/08/2017 | |
| 12 | $764.25 | County Taxes | 2017 | 11/08/2017 | |
| 13 | $10,200.00 | General Rehab Repairs | $11,000 total repair bid - $2,200 paid 9/14 $2,200 paid 10/2 *$2200 paid 10/12 *$1,000 paid 10/13 *$2600 paid 10/24 | 11/08/2017 | |
| 14 | $118.68 | Arcana Insurance Payment | June, July, Aug | 11/08/2017 | |
| 15 | $356.04 | Arcana Insurance Payment | Arcana 8/29/17 to 8/29/18 | 11/08/2017 | |
| 16 | $100.00 | Utility Turn On | Gas and Power | 11/17/2017 | |
| 17 | $100.00 | Setup Fee | 11/17/2017 | ||
| 18 | $150.00 | Lawncare | Mowing and removal of trash | 11/17/2017 | |
| 19 | $70.00 | Snow Removal | 12/22/2017 | ||
| 20 | $150.00 | Inspection | 12/22/2017 | ||
| 21 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 22 | $1,250.00 | General Rehab Repairs | Final Section 8 Repairs - Anthony Sharp | 01/09/2018 | |
| 23 | $70.00 | Snow Removal | 01/27/2018 | ||
| 24 | $63.52 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 25 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 26 | $42.31 | Electricity Bill | 03/13/2018 | ||
| 27 | $42.09 | Electricity Bill | 04/04/2018 | ||
| 28 | $60.00 | Lawncare | 04/16/2018 | ||
| 29 | $1,100.00 | Curb Appeal Repairs | 05/05/2018 | ||
| 30 | $60.00 | Lawncare | 05/12/2018 | ||
| 31 | $41.45 | Electricity Bill | DTE | 05/16/2018 | |
| 32 | $37.25 | Electricity Bill | 05/31/2018 | ||
| 33 | $68.60 | City Taxes | Detroit city taxes 2017 | 06/24/2018 | |
| 34 | $766.62 | City Taxes | City of Detroit | 08/13/2018 | |
| 35 | $55.46 | Electricity Bill | DTE Power bill | 08/22/2018 | |
| 36 | $60.00 | Lawncare | 09/04/2018 | ||
| 37 | $60.00 | Lawncare | 09/21/2018 | ||
| 38 | $45.57 | Electricity Bill | DTE | 10/11/2018 | |
| 39 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal expenses | 10/19/2018 | |
| 40 | $60.00 | Lawncare | 12/04/2018 | ||
| 41 | $64.83 | City Taxes | Detroit Winter Taxes 2019 | 01/23/2019 | |
| 42 | $56.83 | Electricity Bill | DTE | 02/12/2019 | |
| 43 | $70.00 | Snow Removal | 02/22/2019 | ||
| 44 | $37.26 | Electricity Bill | DTE | 03/08/2019 | |
| 45 | $65.00 | Lawncare | 04/01/2019 | ||
| 46 | $350.00 | Curb Appeal Repairs | 04/08/2019 | ||
| 47 | $60.00 | Lawncare | 05/07/2019 | ||
| 48 | $60.00 | Lawncare | 06/04/2019 | ||
| 49 | $80.00 | Lawncare | 07/23/2019 | ||
| 50 | $396.69 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 51 | $125.00 | Lawncare | lawncare & property cleanup | 09/05/2019 | |
| 52 | $475.00 | Miscellaneous | Alarm system installation | 10/14/2019 | |
| 53 | $39.20 | Electricity Bill | DTE | 10/17/2019 | |
| 54 | $100.00 | Lawncare | 10/25/2019 | ||
| 55 | $2,500.00 | General Rehab Repairs | $2,500 total budget, paid Sharp $1,250 on 11/6, Sharp paid $1,250 on 12/19/19 | 11/07/2019 | |
| 56 | $195.00 | Registration Fee | 11/15/2019 | ||
| 57 | $463.07 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/20/2020 | |
| 58 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 59 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/27/2020 | |
| 60 | $401.94 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 61 | $75.00 | Inspection | Initial property inspection | 01/12/2021 | |
| 62 | $583.48 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 63 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 64 | $120.00 | Miscellaneous | Closing Notary, Copies, Mailing | 06/04/2021 | |
| 65 | $80.00 | Lawncare | May and June Lawncare | 06/07/2021 | |
| 66 | $24,211.02 | Miscellaneous Profit | Closing funds from 25k sale | 06/08/2021 | |
| Overall ROI : 60.52 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 2,579.81% |
Overall Profit/Loss: -$15,794.26 Profit/Loss (2017) : -$28,742.49 Profit/Loss (2018) : -$4,448.91 Profit/Loss (2019) : -$4,674.81 Profit/Loss (2020) : -$1,200.59 Profit/Loss (2021) : -$23,272.54 |
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.
