Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $5,048.00 | Property Purchase Price | 09/27/2017 |
| 2 | $7,200.00 | General Rehab Repairs | 11/08/2017 |
| 3 | $2,500.00 | General Rehab Repairs | 12/07/2017 |
| 4 | $4,167.00 | General Rehab Repairs | 07/18/2020 |
| 5 | $5,000.00 | General Rehab Repairs | 08/05/2020 |
| 6 | $200.00 | General Rehab Repairs | 08/06/2020 |
| 7 | $500.00 | General Rehab Repairs | 07/01/2021 |
| Purchase price : $5048 | Total Rehab Cost :$19,567.00 | All-In Property Cost : $24,615.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 09/27/2017 | |
| 2 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 09/27/2017 | |
| 3 | $30.24 | Arcana Insurance Payment | Arcana April | 09/27/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana May | 09/27/2017 | |
| 5 | $5,048.00 | Property Purchase Price | 09/27/2017 | ||
| 6 | $140.99 | County Taxes | 09/27/2017 | ||
| 7 | $50.00 | Eviction Expenses | Writ filing - City Management - taken out of Rent | 06/29/2017 | |
| 8 | $795.55 | County Taxes | 09/27/2017 | ||
| 9 | $7,200.00 | General Rehab Repairs | $12,000 approved, $2,400 paid 10/19 *$4,800 paid 10/24 | 11/08/2017 | |
| 10 | $600.00 | Eviction Expenses | $250 Writ, $350 Bailiff Lockout completion | 11/08/2017 | |
| 11 | $300.00 | Utility Turn On | Gas Reconnection | 11/17/2017 | |
| 12 | $50.00 | Utility Turn On | Power | 11/17/2017 | |
| 13 | $2,500.00 | General Rehab Repairs | $2,500 paid 12/6 ($2,700 remaining) - Anthony Sharp | 12/07/2017 | |
| 14 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 15 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 16 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 17 | $67.31 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 18 | $60.00 | Lawncare | 04/16/2018 | ||
| 19 | $60.00 | Lawncare | 05/12/2018 | ||
| 20 | $600.00 | Curb Appeal Repairs | 06/21/2018 | ||
| 21 | $72.69 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 22 | $200.00 | Lawncare | 06/29/2018 | ||
| 23 | $798.08 | City Taxes | City of Detroit | 08/17/2018 | |
| 24 | $60.00 | Lawncare | 08/26/2018 | ||
| 25 | $60.00 | Lawncare | 09/21/2018 | ||
| 26 | $60.00 | Lawncare | 12/04/2018 | ||
| 27 | $68.72 | City Taxes | Detroit Winter Taxes 2019 | 01/23/2019 | |
| 28 | $350.00 | Curb Appeal Repairs | Curb appeal repairs & lawncare | 06/27/2019 | |
| 29 | $100.00 | Lawncare | 07/22/2019 | ||
| 30 | $413.20 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 31 | $100.00 | Lawncare | lawncare and curb appeal | 09/17/2019 | |
| 32 | $195.00 | Registration Fee | 11/18/2019 | ||
| 33 | $483.54 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/20/2020 | |
| 34 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/10/2020 | |
| 35 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 36 | $4,167.00 | General Rehab Repairs | Jalen rehab. Paid $667 Stage #1 initial Paid 7/18/20. Total budget is $7,000. $1750 paid for completion of Stage #1 and initiation of Stage 2 on 7/22/20, $1750 paid for completion of Stage #2 and initiation of Stage 3 on 7/25/20 | 07/18/2020 | |
| 37 | $100.00 | Inspection | Property punchlist bid inspection | 07/20/2020 | |
| 38 | $103.94 | Arcana Insurance Payment | 2 months of coverage - Property in rehab | 07/27/2020 | |
| 39 | $5,000.00 | General Rehab Repairs | $2,500 paid Tyson on 8/4/20. Tyson paid $2,500 on 8/10/20 | 08/05/2020 | |
| 40 | $200.00 | General Rehab Repairs | Tree trimming | 08/06/2020 | |
| 41 | $418.76 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 42 | $150.00 | Miscellaneous | Aug, Sept, Oct 2020 Frontpoint Alarm | 10/14/2020 | |
| 43 | $97.54 | Arcana Insurance Payment | 01/07/2021 | ||
| 44 | $606.21 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 45 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 46 | $80.00 | Lawncare | May and June Lawncare | 06/08/2021 | |
| 47 | $500.00 | General Rehab Repairs | New front door and hinges | 07/01/2021 | |
| 48 | $502.10 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 49 | $175.00 | Miscellaneous | Notary, printing, and closing | 09/13/2021 | |
| 50 | $1,250.00 | Miscellaneous | Buyer side commission, TC and underwriting | 10/01/2021 | |
| 51 | $511.87 | Rent | Mortgage payment 11/18/21 | 12/14/2021 | |
| 52 | $543.50 | Rent | Mortgage payment 2/18/22 | 02/14/2022 | |
| 53 | $471.00 | Rent | Mortgage payment 10/29/21 | 02/28/2022 | |
| 54 | $543.50 | Rent | Mortgage payment 2/18/22 | 08/01/2022 | |
| 55 | $543.50 | Rent | Mortgage payment 3/18/22 | 08/01/2022 | |
| 56 | $543.50 | Rent | Mortgage payment 4/18/22 | 08/01/2022 | |
| 57 | $543.50 | Rent | Mortgage payment 5/18/22 | 08/01/2022 | |
| 58 | $543.50 | Rent | Mortgage payment 6/18/22 | 08/01/2022 | |
| 59 | $543.50 | Rent | Mortgage payment 7/18/22 | 08/25/2022 | |
| 60 | $543.50 | Rent | Mortgage payment 7/18/22 | 08/26/2022 | |
| 61 | $543.50 | Rent | Mortgage payment 8/18/22 Escrow advance - $1.62 | 09/26/2022 | |
| 62 | $543.50 | Rent | Mortgage payment 9/18/22 | 10/06/2022 | |
| 63 | $568.50 | Rent | Mortgage payment 10/18/22 | 11/28/2022 | |
| 64 | $568.50 | Rent | Mortgage payment 11/18/22 | 12/27/2022 | |
| 65 | $144.00 | County Taxes | 02/13/2023 | ||
| 66 | $568.50 | Rent | 1/18/23 | 03/23/2023 | |
| 67 | $543.50 | Rent | 2/18/23 | 03/23/2023 | |
| 68 | $543.50 | Rent | Mortgage payment 3/18/23 | 04/17/2023 | |
| 69 | $543.50 | Rent | Mortgage payment 5/18/23 | 06/26/2023 | |
| 70 | $543.50 | Rent | Mortgage payment 7/18/23 | 08/21/2023 | |
| 71 | $98.36 | Rent | Escrow repayment | 08/21/2023 | |
| 72 | $543.50 | Rent | Mortgage payment 8/18/23 | 09/14/2023 | |
| 73 | $568.50 | Rent | Mortgage payment 9/18/23 | 10/20/2023 | |
| 74 | $618.50 | Rent | Mortgage payment 10/18/23 | 10/20/2023 | |
| 75 | $543.50 | Rent | Mortgage payment 11/18/23 | 11/15/2023 | |
| 76 | $543.50 | Rent | Mortgage payment 12/18/23 | 01/25/2024 | |
| 77 | $543.50 | Rent | Mortgage payment 1/18/24 | 02/21/2024 | |
| 78 | $543.50 | Rent | Mortgage payment 2/18/24 | 03/06/2024 | |
| 79 | $543.50 | Rent | Mortgage payment 3/18/24 | 04/04/2024 | |
| 80 | $543.50 | Rent | Mortgage payment 4/18/24 | 05/10/2024 | |
| 81 | $568.50 | Rent | Mortgage payment 5/18/24 | 07/02/2024 | |
| 82 | $543.30 | Rent | Mortgage payment 6/18/24 | 07/12/2024 | |
| 83 | $543.50 | Rent | Mortgage payment 7/18/24 | 08/08/2024 | |
| 84 | $1,729.80 | County Taxes | Tax Default Land Contract Payment for 2022 | 01/21/2025 | |
| 85 | $780.00 | Miscellaneous | Land Contract evictions with Issa Haddad | 02/13/2025 | |
| 86 | $543.50 | Rent | Mortgage payment 8/18/24 | 04/07/2025 | |
| 87 | $543.50 | Rent | May 2025 | 05/12/2025 | |
| 88 | $543.50 | Rent | June 2025 | 06/04/2025 | |
| 89 | $543.50 | Miscellaneous Profit | July 2025 rent | 07/07/2025 | |
| 90 | $1,087.00 | Rent | Mortgage 12/18/21 and 12/18/24 | 08/08/2025 | |
| 91 | $543.50 | Rent | Mortgage 1-18-25 | 09/11/2025 | |
| 92 | $546.00 | Rent | Mortgage 2/18/25 | 10/09/2025 | |
| 93 | $3,419.96 | County Taxes | Delinquent taxes | 11/17/2025 | |
| 94 | $220.00 | Miscellaneous | FCI servicing fee Refinance | 02/10/2026 | |
| 95 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| Overall ROI : 51.80 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 15.55% ROI (2022) : inf% ROI (2023) : 3,551.99% ROI (2024) : inf% ROI (2025) : 73.37% ROI (2026) : 0.00% |
Overall Profit/Loss: -$19,904.79 Profit/Loss (2017) : -$16,835.99 Profit/Loss (2018) : -$2,631.48 Profit/Loss (2019) : -$1,226.92 Profit/Loss (2020) : -$10,958.82 Profit/Loss (2021) : -$2,778.98 Profit/Loss (2022) : -$7,043.00 Profit/Loss (2023) : -$4,970.86 Profit/Loss (2024) : -$4,372.80 Profit/Loss (2025) : -$1,579.26 Profit/Loss (2026) : -$280.00 |
Total Admin Owed : $224.00 Total Client Owed : $0.00 Total Owed : $224.00 |
|||
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.
