Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $7,557.00 | Property Purchase Price | 09/27/2017 |
| 2 | $8,700.00 | General Rehab Repairs | 09/27/2017 |
| 3 | $4,000.00 | General Rehab Repairs | 11/08/2017 |
| 4 | $1,300.00 | General Rehab Repairs | 12/21/2017 |
| 5 | $1,300.00 | General Rehab Repairs | 09/18/2018 |
| 6 | $4,120.00 | General Rehab Repairs | 10/31/2020 |
| Purchase price : $7557 | Total Rehab Cost :$19,420.00 | All-In Property Cost : $26,977.00 | |
| # | 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 | $7,557.00 | Property Purchase Price | 09/27/2017 | ||
| 6 | $158.50 | County Taxes | 09/27/2017 | ||
| 7 | $8,700.00 | General Rehab Repairs | $14,500 bid approved - 20% ($2,900) paid on 7/12 *$5,800 paid 8/9 | 09/27/2017 | |
| 8 | $865.96 | County Taxes | 09/27/2017 | ||
| 9 | $35.15 | Electricity Bill | DTE | 09/27/2017 | |
| 10 | $4,000.00 | General Rehab Repairs | $4,000 paid 10/5. $1,800 remaining | 11/08/2017 | |
| 11 | $87.27 | Electricity Bill | 11/08/2017 | ||
| 12 | $91.18 | Electricity Bill | DTE | 11/08/2017 | |
| 13 | $136.75 | Electricity Bill | 11/15/2017 | ||
| 14 | $60.00 | Lawncare | 11/17/2017 | ||
| 15 | $150.00 | Water Bill | Service start fee | 11/28/2017 | |
| 16 | $273.30 | Electricity Bill | DTE | 12/15/2017 | |
| 17 | $1,300.00 | General Rehab Repairs | Sec 8 repairs | 12/21/2017 | |
| 18 | $70.00 | Snow Removal | 12/22/2017 | ||
| 19 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 20 | $17.02 | Electricity Bill | DTE - not on Dec consolidation | 12/28/2017 | |
| 21 | $70.00 | Snow Removal | 01/27/2018 | ||
| 22 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 23 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 24 | $433.33 | Electricity Bill | 02/15/2018 | ||
| 25 | $13.04 | Electricity Bill | 02/28/2018 | ||
| 26 | $106.96 | Electricity Bill | 03/13/2018 | ||
| 27 | $36.58 | Electricity Bill | 04/04/2018 | ||
| 28 | $50.00 | Utility Turn On | Water | 04/15/2018 | |
| 29 | $550.00 | Curb Appeal Repairs | 05/05/2018 | ||
| 30 | $150.00 | Water Bill | Water turn on fee | 05/12/2018 | |
| 31 | $244.17 | Electricity Bill | 05/16/2018 | ||
| 32 | $173.26 | Electricity Bill | 05/31/2018 | ||
| 33 | $81.92 | City Taxes | Detroit city taxes 2017 | 06/24/2018 | |
| 34 | $868.83 | City Taxes | City of Detroit | 08/17/2018 | |
| 35 | $61.39 | Electricity Bill | DTE Power bill | 08/22/2018 | |
| 36 | $61.32 | Water Bill | Detroit Water & Sewerage Dept | 08/23/2018 | |
| 37 | $1,300.00 | General Rehab Repairs | Garage tear down and removal per Sec. 8 inspection requirement | 09/18/2018 | |
| 38 | $21.09 | Electricity Bill | DTE | 09/19/2018 | |
| 39 | $500.00 | Rent | Sept Deposit | 09/25/2018 | |
| 40 | $82.85 | Water Bill | Detroit Water & Sewerage Dept | 11/29/2018 | |
| 41 | $77.42 | City Taxes | Detroit Winter Taxes 2019 | 01/23/2019 | |
| 42 | $350.00 | Curb Appeal Repairs | 04/08/2019 | ||
| 43 | $376.92 | Electricity Bill | DWSD | 05/22/2019 | |
| 44 | $75.00 | Lawncare | 07/23/2019 | ||
| 45 | $451.97 | Water Bill | DWSD | 08/09/2019 | |
| 46 | $450.42 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 47 | $150.00 | Lawncare | lawncare & property cleanup | 09/06/2019 | |
| 48 | $515.67 | Water Bill | DWSD | 09/08/2019 | |
| 49 | $75.00 | Lawncare | 10/28/2019 | ||
| 50 | $529.68 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 51 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/10/2020 | |
| 52 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 53 | $456.66 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/20/2020 | |
| 54 | $4,120.00 | General Rehab Repairs | $4,120 approved. Tyson paid $2,060 on 10/28/2020. Tyson paid $2060 on 10/30/20 | 10/31/2020 | |
| 55 | $172.00 | Arcana Insurance Payment | Partial insurance during list period | 01/21/2021 | |
| 56 | $150.00 | Miscellaneous | Nov, Dec and Jan Frontpoint alarm | 01/26/2021 | |
| 57 | $657.42 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 58 | $1,250.00 | Miscellaneous | Underwriter, TC, and Commission fee | 04/19/2021 | |
| 59 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 60 | $80.00 | Lawncare | May and June Lawncare | 06/08/2021 | |
| 61 | $526.31 | Rent | Mortgage payment 5/7/21 | 07/19/2021 | |
| 62 | $546.31 | Rent | Mortgage payment 6/7/21 | 07/26/2021 | |
| 63 | $546.31 | Rent | Mortgage payment 7/7/21 | 07/26/2021 | |
| 64 | $546.31 | Rent | Mortgage payment 8/7/21 | 08/16/2021 | |
| 65 | $546.31 | Rent | Mortgage payment 9/7/21 | 10/12/2021 | |
| 66 | $546.31 | Rent | Mortgage payment 10/7/21 | 10/12/2021 | |
| 67 | $546.31 | Rent | Mortgage payment 11/7/21 | 10/12/2021 | |
| 68 | $471.31 | Rent | Mortgage payment 12/7/21 | 06/20/2022 | |
| 69 | $3,789.17 | Rent | Mortgage payments 1/7/22 through 7/7/22 | 08/28/2023 | |
| 70 | $471.44 | Rent | Mortgage payment 8/7/23 | 09/04/2023 | |
| 71 | $2,485.65 | County Taxes | 11/17/2025 | ||
| 72 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| Overall ROI : 21.80 % ROI (2017) : 0.00% ROI (2018) : 10.21% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 159.21% ROI (2022) : inf% ROI (2023) : inf% ROI (2025) : 0.00% ROI (2026) : 0.00% |
Overall Profit/Loss: -$32,415.02 Profit/Loss (2017) : -$23,653.58 Profit/Loss (2018) : -$4,398.14 Profit/Loss (2019) : -$2,522.40 Profit/Loss (2020) : -$5,441.92 Profit/Loss (2021) : -$1,414.75 Profit/Loss (2022) : -$471.31 Profit/Loss (2023) : -$4,260.61 Profit/Loss (2025) : -$2,485.65 Profit/Loss (2026) : -$60.00 |
Total Admin Owed : $48.00 Total Client Owed : $0.00 Total Owed : $48.00 |
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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.
