Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $6,061.00 | Property Purchase Price (including Closing Costs) | 09/20/2017 |
| 2 | $5,920.00 | General Rehab Repairs | 09/20/2017 |
| 3 | $2,960.00 | General Rehab Repairs | 09/28/2017 |
| 4 | $5,000.00 | General Rehab Repairs | 02/16/2018 |
| 5 | $2,473.00 | General Rehab Repairs | 06/19/2018 |
| 6 | $450.00 | General Rehab Repairs | 03/04/2020 |
| 7 | $5,000.00 | General Rehab Repairs | 02/14/2021 |
| 8 | $300.00 | General Rehab Repairs | 01/12/2022 |
| Purchase price : $6061 | Total Rehab Cost :$22,103.00 | All-In Property Cost : $28,164.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $6,061.00 | Property Purchase Price (including Closing Costs) | 2016 Tax Auction purchase winning bid | 09/20/2017 | |
| 2 | $850.32 | County Taxes | 09/20/2017 | ||
| 3 | $5,920.00 | General Rehab Repairs | $14,800 Approved Bid - $2,960 paid 8/13 (20%) *$2,960 paid 8/27 | 09/20/2017 | |
| 4 | $135.70 | County Taxes | 09/21/2017 | ||
| 5 | $2,960.00 | General Rehab Repairs | 3rd Progress payment | 09/28/2017 | |
| 6 | $73.94 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 7 | $5,000.00 | General Rehab Repairs | $5,500 remaining repair balance approved - Anthony Sharp - paid $3,000 on 2/17 *$2000 paid 2/27 | 02/16/2018 | |
| 8 | $100.00 | Setup Fee | 03/05/2018 | ||
| 9 | $100.00 | Utility Turn On | Power, Gas | 03/05/2018 | |
| 10 | $550.00 | Curb Appeal Repairs | 05/05/2018 | ||
| 11 | $19.57 | Electricity Bill | 05/16/2018 | ||
| 12 | $8.81 | Electricity Bill | 05/31/2018 | ||
| 13 | $2,473.00 | General Rehab Repairs | Section 8 repairs | 06/19/2018 | |
| 14 | $79.86 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 15 | $8.81 | Electricity Bill | 07/02/2018 | ||
| 16 | $825.13 | City Taxes | City of Detroit | 08/17/2018 | |
| 17 | $8.81 | Electricity Bill | DTE Power bill | 08/22/2018 | |
| 18 | $8.81 | Electricity Bill | DTE | 09/19/2018 | |
| 19 | $8.81 | Electricity Bill | DTE | 10/12/2018 | |
| 20 | $8.81 | Electricity Bill | DTE bill | 11/13/2018 | |
| 21 | $60.00 | Lawncare | 12/12/2018 | ||
| 22 | $72.05 | City Taxes | Detroit Winter Taxes 2019 | 01/25/2019 | |
| 23 | $263.87 | Electricity Bill | DTE | 02/12/2019 | |
| 24 | $42.03 | Electricity Bill | DTE | 03/08/2019 | |
| 25 | $350.00 | Curb Appeal Repairs | 04/08/2019 | ||
| 26 | $21.16 | Electricity Bill | DTE | 04/15/2019 | |
| 27 | $600.00 | Curb Appeal Repairs | 05/14/2019 | ||
| 28 | $350.00 | Curb Appeal Repairs | Curb appeal repairs & lawncare | 06/26/2019 | |
| 29 | $427.42 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 30 | $100.00 | Lawncare | lawncare & property cleanup | 09/05/2019 | |
| 31 | $64.58 | Electricity Bill | DTE | 10/17/2019 | |
| 32 | $475.00 | Miscellaneous | Alarm system installation | 12/30/2019 | |
| 33 | $501.17 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/23/2020 | |
| 34 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/10/2020 | |
| 35 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 36 | $450.00 | General Rehab Repairs | debris removal and city compliant | 03/04/2020 | |
| 37 | $10.03 | Electricity Bill | DTE | 04/02/2020 | |
| 38 | $22.56 | Electricity Bill | DTE | 05/06/2020 | |
| 39 | $13.53 | Electricity Bill | DTE - final bill - service off 5/7/20 | 06/01/2020 | |
| 40 | $433.23 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/14/2020 | |
| 41 | $625.74 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 42 | $5,000.00 | General Rehab Repairs | $5000 approved. $2500 paid Tyson on 2/14/21, Tyson paid $2500 on 2/26/21 | 02/14/2021 | |
| 43 | $175.00 | Inspection | Before and after rehab inspection | 03/10/2021 | |
| 44 | $200.00 | Miscellaneous | Feb, March, April, May Frontpoint Security | 05/05/2021 | |
| 45 | $50.00 | Miscellaneous | June Frontpoint Security | 06/08/2021 | |
| 46 | $519.49 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 47 | $100.00 | Lawncare | lawncare July and August | 08/24/2021 | |
| 48 | $80.00 | Lawncare | Sept and Oct Lawncare | 10/11/2021 | |
| 49 | $80.00 | Lawncare | Nov and Dec Lawncare | 12/07/2021 | |
| 50 | $636.20 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 51 | $300.00 | General Rehab Repairs | Door securing, lockbox replacement, exterior debris removal | 01/12/2022 | |
| 52 | $40.00 | Lawncare | Jan Lawncare | 01/13/2022 | |
| 53 | $60.00 | Snow Removal | Snow removal / Lawncare February | 02/05/2022 | |
| 54 | $60.00 | Lawncare | Lawncare March | 03/07/2022 | |
| 55 | $60.00 | Lawncare | Lawncare April | 04/19/2022 | |
| 56 | $60.00 | Lawncare | Lawncare May | 05/04/2022 | |
| 57 | $120.00 | Lawncare | Lawncare June and July | 07/05/2022 | |
| 58 | $60.00 | Lawncare | Lawncare August | 08/15/2022 | |
| 59 | $60.00 | Lawncare | Lawncare September | 09/09/2022 | |
| 60 | $120.00 | Lawncare | March and April lawn care | 04/06/2023 | |
| 61 | $60.00 | Lawncare | May lawn care | 05/13/2023 | |
| 62 | $1,457.40 | County Taxes | 06/26/2023 | ||
| 63 | $180.00 | Lawncare | June, July, August lawn care | 08/23/2023 | |
| 64 | $1,139.10 | County Taxes | 2023 County Taxes | 08/24/2023 | |
| 65 | $60.00 | Lawncare | September lawncare | 09/06/2023 | |
| 66 | $120.00 | Lawncare | October and November lawncare | 11/20/2023 | |
| 67 | $120.00 | Lawncare | December and January lawn care | 01/04/2024 | |
| 68 | $1,153.95 | County Taxes | Wayne County Winter taxes | 01/15/2024 | |
| 69 | $60.00 | Lawncare | Feb lawn care | 02/12/2024 | |
| 70 | $120.00 | Lawncare | March / April lawncare | 04/11/2024 | |
| 71 | $60.00 | Lawncare | May lawncare | 05/06/2024 | |
| 72 | $60.00 | Lawncare | June lawncare | 06/10/2024 | |
| 73 | $120.00 | Lawncare | Lawncare July and August | 08/05/2024 | |
| 74 | $972.73 | County Taxes | 08/13/2024 | ||
| 75 | $120.00 | Lawncare | Sept and Oct lawncare | 10/16/2024 | |
| 76 | $60.00 | Lawncare | Nov 2024 lawncare | 11/21/2024 | |
| 77 | $60.00 | Lawncare | Dec lawncare | 12/09/2024 | |
| 78 | $75.00 | Miscellaneous | notary charges | 01/03/2025 | |
| 79 | $33,044.77 | Miscellaneous Profit | 9 Detroit sale proceeds split equally | 01/03/2025 | |
| Overall ROI : 74.76 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : 0.00% ROI (2023) : 0.00% ROI (2024) : 0.00% ROI (2025) : 44,059.69% |
Overall Profit/Loss: -$11,153.43 Profit/Loss (2017) : -$15,927.02 Profit/Loss (2018) : -$9,334.36 Profit/Loss (2019) : -$2,766.11 Profit/Loss (2020) : -$1,766.10 Profit/Loss (2021) : -$7,466.43 Profit/Loss (2022) : -$820.00 Profit/Loss (2023) : -$3,136.50 Profit/Loss (2024) : -$2,906.68 Profit/Loss (2025) : -$32,969.77 |
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.
