Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $3,243.00 | Property Purchase Price | 05/24/2017 |
| 2 | $485.00 | General Rehab Repairs | 05/24/2017 |
| 3 | $8,500.00 | General Rehab Repairs | 05/24/2017 |
| 4 | $650.00 | Plumbing Repairs | 09/23/2017 |
| 5 | $150.00 | General Rehab Repairs | 09/23/2017 |
| 6 | $400.00 | General Rehab Repairs | 11/08/2017 |
| 7 | $4,500.00 | General Rehab Repairs | 09/06/2018 |
| 8 | $2,000.00 | General Rehab Repairs | 11/16/2018 |
| 9 | $785.00 | General Rehab Repairs | 02/10/2019 |
| 10 | $1,200.00 | General Rehab Repairs | 05/04/2019 |
| Purchase price : $3243 | Total Rehab Cost :$18,670.00 | All-In Property Cost : $21,913.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $3,243.00 | Property Purchase Price | View Document | 05/24/2017 | |
| 2 | $50.00 | Lockbox / ReKey | Lockbox install | 05/24/2017 | |
| 3 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 05/24/2017 | |
| 4 | $5.00 | Electricity Bill | Turn on fee | 05/24/2017 | |
| 5 | $485.00 | General Rehab Repairs | Occupant required move in repairs | 05/24/2017 | |
| 6 | $27.30 | Arcana Insurance Payment | March | 05/24/2017 | |
| 7 | $221.14 | Water Bill | Water/Sewage | 05/24/2017 | |
| 8 | $8.84 | Electricity Bill | DTE | 05/24/2017 | |
| 9 | $30.24 | Arcana Insurance Payment | April | 05/24/2017 | |
| 10 | $29.27 | Arcana Insurance Payment | May | 05/24/2017 | |
| 11 | $8,500.00 | General Rehab Repairs | Sean Rooks Contractor - $2550 paid 2/12, $2550 paid 2/16, $2550 paid 2/28, Vnal $850 paid 4/19 | 05/24/2017 | |
| 12 | $338.47 | Water Bill | 09/23/2017 | ||
| 13 | $223.85 | County Taxes | 2016 | 09/23/2017 | |
| 14 | $111.74 | Water Bill | Water and Sewer | 09/23/2017 | |
| 15 | $700.00 | Rent | 5/1/17 Rent collected | 06/29/2017 | |
| 16 | $1,069.43 | County Taxes | 09/23/2017 | ||
| 17 | $650.00 | Plumbing Repairs | $650 paid on 9/2 | 09/23/2017 | |
| 18 | $470.00 | Rent | Aug 2017 | 08/29/2017 | |
| 19 | $150.00 | General Rehab Repairs | $300 total repair - $150 initial payment sent to Cornelius 9-14 | 09/23/2017 | |
| 20 | $52.16 | Electricity Bill | DTE | 11/08/2017 | |
| 21 | $400.00 | General Rehab Repairs | Final repair bids by Cornelius | 11/08/2017 | |
| 22 | $470.00 | Rent | Sept 2017 | 09/28/2017 | |
| 23 | $158.00 | Rent | Nov 2017 partial (weekly payment plan) | 11/12/2017 | |
| 24 | $376.00 | Rent | Jan 2018 Rent - partial payment | 01/23/2018 | |
| 25 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 26 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 27 | $100.52 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 28 | $20.00 | Eviction Expenses | 7 day notice | 04/15/2018 | |
| 29 | $20.00 | Eviction Expenses | 7 day notice | 05/12/2018 | |
| 30 | $108.56 | City Taxes | Detroit city taxes 2017 | 06/26/2018 | |
| 31 | $300.00 | Eviction Expenses | prep/file summons complaint | 07/27/2018 | |
| 32 | $1,073.18 | City Taxes | City of Detroit | 08/21/2018 | |
| 33 | $4,500.00 | General Rehab Repairs | $6500 approved. $4500 paid Sharp 9/4 | 09/06/2018 | |
| 34 | $1,100.00 | Eviction Expenses | Bailiff lockout - bailiff, trash removal, securing | 09/06/2018 | |
| 35 | $75.00 | Eviction Expenses | prep writ/order eviction | 09/21/2018 | |
| 36 | $60.00 | Lawncare | 09/25/2018 | ||
| 37 | $2,000.00 | General Rehab Repairs | Paid Sharp $2,000 on 11/15 | 11/16/2018 | |
| 38 | $102.62 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 39 | $785.00 | General Rehab Repairs | Clear Boarding | 02/10/2019 | |
| 40 | $70.00 | Snow Removal | 02/21/2019 | ||
| 41 | $65.00 | Lawncare | 03/31/2019 | ||
| 42 | $1,200.00 | General Rehab Repairs | Curb appeal repairs | 05/04/2019 | |
| 43 | $60.00 | Lawncare | 05/05/2019 | ||
| 44 | $60.00 | Lawncare | 06/03/2019 | ||
| 45 | $173.68 | Final Funds (Purchase) | Closed LC sale 5/29 - Amount outstanding at close date - $26,179.36 | 06/05/2019 | |
| 46 | $25.76 | Water Bill | DWSD | 06/25/2019 | |
| 47 | $557.75 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 48 | $1,949.04 | Rent | Mortgage payment $649.68 for July, Aug, Sept 2019 | 10/07/2019 | |
| 49 | $649.68 | Rent | Oct 2019 Mortgage payment | 10/08/2019 | |
| 50 | $644.30 | Rent | Mortgage payment 9/29/19 | 11/05/2019 | |
| 51 | $633.60 | Rent | Mortgage payment 10/29/19 | 12/26/2019 | |
| 52 | $620.15 | Rent | Mortgage payment 11/29/20 | 01/26/2020 | |
| 53 | $620.15 | Rent | Mortgage payment - 12/29/19 | 03/02/2020 | |
| 54 | $640.15 | Rent | 1/29/20 Mortgage Payment | 03/18/2020 | |
| 55 | $640.15 | Rent | 2/29/20 Mortgage Payment | 03/18/2020 | |
| 56 | $665.28 | Rent | Mortgage payment 3/29/20 | 05/15/2020 | |
| 57 | $640.55 | Rent | Mortgage payment 7/29/20 | 09/21/2020 | |
| 58 | $653.84 | Rent | Mortgage payment 8/29/20 | 10/19/2020 | |
| 59 | $640.28 | Rent | Mortgage payment 9/29/20 | 11/18/2020 | |
| 60 | $640.28 | Rent | Mortgage payment 10/29/20 | 12/28/2020 | |
| 61 | $1,286.84 | Rent | Mortgage payment 11/29/20 | 01/25/2021 | |
| 62 | $640.15 | Rent | 12/29/20 | 02/24/2021 | |
| 63 | $640.15 | Rent | Mortgage payment 1/29/21 | 04/20/2021 | |
| 64 | $640.09 | Rent | Mortgage payment 2/28/21 | 04/20/2021 | |
| 65 | $640.15 | Rent | Mortgage payment 4/29/21 | 07/12/2021 | |
| 66 | $667.04 | Rent | Mortgage payment 5/29/21 | 07/12/2021 | |
| 67 | $640.15 | Rent | Mortgage payment 6/29/21 | 08/16/2021 | |
| 68 | $594.83 | Rent | Mortgage payment 8/29/21 | 10/18/2021 | |
| 69 | $644.83 | Rent | Mortgage payment 9/29/21 | 11/16/2021 | |
| 70 | $644.83 | Rent | Mortgage paid 11/29/21 | 01/01/2022 | |
| 71 | $191.12 | Miscellaneous | RHMS land contract insurance | 01/26/2022 | |
| 72 | $657.39 | Rent | Mortgage payment 12/29/21 | 02/14/2022 | |
| 73 | $640.15 | Rent | Mortgage payment 2/28/22 | 05/02/2022 | |
| 74 | $640.15 | Rent | Mortgage payment 3/29/22 | 05/23/2022 | |
| 75 | $640.15 | Rent | Mortgage payment 4/29/22 | 06/20/2022 | |
| 76 | $350.00 | Miscellaneous | HAF government assistance servicing FCI | 08/31/2022 | |
| 77 | $640.15 | Rent | Mortgage 5/29/22 | 10/27/2022 | |
| 78 | $640.15 | Rent | Mortgage payment 6/29/22 | 11/07/2022 | |
| 79 | $640.15 | Rent | Mortgage payment 7/29/22 | 11/07/2022 | |
| 80 | $640.15 | Rent | Mortgage payment 8/29/22 | 11/07/2022 | |
| 81 | $640.15 | Rent | Mortgage payment 9/29/22 | 11/07/2022 | |
| 82 | $640.15 | Rent | Mortgage payment 10/29/22 | 12/16/2022 | |
| 83 | $653.60 | Rent | Mortgage payment 11/29/22 | 01/13/2023 | |
| 84 | $640.15 | Rent | Mortgage payment 12/29/22 | 02/23/2023 | |
| 85 | $640.15 | Rent | 1/29/23 | 03/23/2023 | |
| 86 | $640.15 | Rent | Mortgage payment 2/28/23 | 05/05/2023 | |
| 87 | $275.00 | Miscellaneous | Notaries for each Borrower and Seller closing notaries | 06/06/2023 | |
| 88 | $657.94 | Rent | Mortgage payment 3/29/23 | 06/08/2023 | |
| 89 | $640.15 | Rent | Mortgage payment 4/29/23 | 07/24/2023 | |
| 90 | $640.15 | Rent | Mortgage payment 5/29/23 | 08/08/2023 | |
| 91 | $120.00 | Miscellaneous | LC deal notaries and copy costs | 09/07/2023 | |
| 92 | $24,915.80 | Miscellaneous Profit | LC Note Sale | 09/11/2023 | |
| 93 | $640.15 | Rent | Mortgage payment 6/29/23 | 09/14/2023 | |
| 94 | $391.66 | Miscellaneous | Delinquent taxes needed to record LC deal | 10/21/2023 | |
| 95 | $640.15 | Rent | Mortgage payment 3/29/21 | 07/29/2025 | |
| 96 | $640.83 | Rent | Mortgage payment 10/29/21 | 08/09/2025 | |
| Overall ROI : 188.80 % ROI (2017) : 11.52% ROI (2018) : 3.78% ROI (2019) : 125.06% ROI (2020) : inf% ROI (2021) : inf% ROI (2022) : 1,305.36% ROI (2023) : 3,822.27% ROI (2025) : inf% |
Overall Profit/Loss: -$26,630.14 Profit/Loss (2017) : -$13,812.08 Profit/Loss (2018) : -$9,574.66 Profit/Loss (2019) : -$776.81 Profit/Loss (2020) : -$5,760.83 Profit/Loss (2021) : -$6,394.23 Profit/Loss (2022) : -$6,522.45 Profit/Loss (2023) : -$29,281.58 Profit/Loss (2025) : -$1,280.98 |
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.
