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10010 Somerset Detroit, MI

Partnership Splits

Payment Split : 20% / 80%

Partnership Equity Split : 30% / 70%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $2,868.00 Property Purchase Price 08/05/2017
2 $7,400.00 General Rehab Repairs 08/05/2017
3 $7,000.00 General Rehab Repairs 09/23/2017
4 $3,000.00 General Rehab Repairs 11/08/2017
5 $2,250.00 General Rehab Repairs 05/16/2021
6 $2,250.00 General Rehab Repairs 08/14/2021
7 $350.00 General Rehab Repairs 05/04/2022
8 $450.00 General Rehab Repairs 05/04/2023
9 $550.00 General Rehab Repairs 07/03/2023
10 $890.00 General Rehab Repairs 02/26/2024
11 $1,950.00 General Rehab Repairs 05/05/2025
12 $1,850.00 General Rehab Repairs 08/03/2025
13 $250.00 General Rehab Repairs 10/08/2025
Purchase price : $2868 Total Rehab Cost :$28,190.00 All-In Property Cost : $31,058.00

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $14.64 Arcana Insurance Payment Arcana Insurance Feb 08/05/2017
2 $27.30 Arcana Insurance Payment Arcana March 2017 08/05/2017
3 $30.24 Arcana Insurance Payment Arcana April 08/05/2017
4 $29.27 Arcana Insurance Payment Arcana May 08/05/2017
5 $2,868.00 Property Purchase Price 08/05/2017
6 $72.05 County Taxes 08/05/2017
7 $7,400.00 General Rehab Repairs Scott Schulman $18,500 total rehab - $3,700 (20%) paid 7/14 **$3,700 (20%) paid 7/29 08/05/2017
8 $623.40 County Taxes 08/05/2017
9 $7,000.00 General Rehab Repairs Additional progress payment to Scott paid 8/7 **$4,000 paid 9/16 09/23/2017
10 $3,000.00 General Rehab Repairs $3,000 paid 9/24. $1,000 remaining 11/08/2017
11 $150.00 Inspection 12/22/2017
12 $100.00 Setup Fee 12/22/2017
13 $356.04 Miscellaneous Arcana 2018 Renewal 01/29/2018
14 $237.36 Arcana Insurance Payment 2017 Remainder 01/29/2018
15 $46.43 County Taxes 2017 Winter Tax 02/02/2018
16 $50.15 City Taxes Detroit city taxes 2017 06/25/2018
17 $625.08 City Taxes City of Detroit 08/17/2018
18 $60.00 Lawncare 09/26/2018
19 $47.41 City Taxes Detroit Winter Taxes 2019 01/24/2019
20 $70.00 Snow Removal 02/22/2019
21 $65.00 Lawncare 04/01/2019
22 $60.00 Lawncare 05/07/2019
23 $60.00 Lawncare 06/04/2019
24 $350.00 Lawncare grass cut, brush removal, secure property 07/22/2019
25 $322.33 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/20/2019
26 $195.00 Registration Fee 11/18/2019
27 $370.85 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/21/2020
28 $285.58 Miscellaneous Rami & Martin expenses 02/11/2020
29 $50.00 Inspection Contractor bid, punchlist, inspection 02/26/2020
30 $326.16 City Taxes 1st 1/2 summer city taxes 2020 AA 08/21/2020
31 $75.00 Inspection Initial property inspection 01/12/2021
32 $481.10 County Taxes Winter and partial Summer taxes 02/04/2021
33 $80.00 Lawncare March and April Lawncare 05/05/2021
34 $2,250.00 General Rehab Repairs $4500 approved. Tyson paid $2250 on 5/15/21 05/16/2021
35 $80.00 Lawncare May and June Lawncare 06/07/2021
36 $391.14 County Taxes 2021 Summer Tax 07/08/2021
37 $2,250.00 General Rehab Repairs $2,250 paid Tyson for final rehab 8/12/21 08/14/2021
38 $100.00 Lawncare lawncare July and August 08/23/2021
39 $80.00 Lawncare Sept and Oct Lawncare 10/11/2021
40 $150.00 Miscellaneous Aug, Sept, Oct Frontpoint alarm security system payment 10/11/2021
41 $175.00 Inspection Before and after rehab inspection 10/28/2021
42 $650.00 Eviction Expenses Removal of squatter 10/28/2021
43 $80.00 Lawncare Nov and Dec Lawncare 12/07/2021
44 $100.00 Miscellaneous Nov, Dec Frontpoint alarm security system payment 12/07/2021
45 $469.95 County Taxes Taxes Second installment 12/13/2021
46 $350.00 Miscellaneous Designated House-sitter for listing 12/16/2021
47 $40.00 Lawncare Jan Lawncare 01/13/2022
48 $50.00 Miscellaneous Jan Frontpoint alarm security system payment 01/13/2022
49 $60.00 Snow Removal Snow removal / Lawncare February 02/05/2022
50 $60.00 Lawncare Lawncare March 03/07/2022
51 $100.00 Miscellaneous Feb and March Frontpoint alarm security system payment 03/07/2022
52 $60.00 Lawncare Lawncare April 04/19/2022
53 $50.00 Lawncare April Frontpoint alarm security system payment 04/19/2022
54 $60.00 Lawncare Lawncare May 05/04/2022
55 $50.00 Miscellaneous May Frontpoint alarm security system payment 05/04/2022
56 $350.00 General Rehab Repairs door and window repairs for showings 05/04/2022
57 $120.00 Lawncare Lawncare June and July 07/05/2022
58 $100.00 Miscellaneous June and July Frontpoint alarm security system payment 07/05/2022
59 $60.00 Lawncare Lawncare August 08/15/2022
60 $50.00 Miscellaneous August Frontpoint alarm security system payment 08/15/2022
61 $60.00 Lawncare Lawncare September 09/09/2022
62 $50.00 Miscellaneous September Frontpoint alarm security system payment 09/09/2022
63 $60.00 Lawncare October lawn care 10/18/2022
64 $915.93 County Taxes 11/10/2022
65 $60.00 Lawncare November lawn care 11/21/2022
66 $60.00 Lawncare December lawn care 12/17/2022
67 $60.00 Lawncare January lawn care 01/03/2023
68 $72.03 City Taxes Winter tax payments 2022 01/04/2023
69 $60.00 Lawncare February lawn care 03/01/2023
70 $120.00 Lawncare March and April lawn care 04/06/2023
71 $950.00 Miscellaneous BSEED demo department boarding, lawncare, and debris removal 04/21/2023
72 $450.00 General Rehab Repairs BSEED demo department additional boarding and tree removal 05/04/2023
73 $60.00 Lawncare May lawn care 05/13/2023
74 $550.00 General Rehab Repairs Updated items needed by BSEED before city hearing 07/03/2023
75 $180.00 Lawncare June, July, August lawn care 08/23/2023
76 $852.21 County Taxes 2023 County Taxes 08/24/2023
77 $60.00 Lawncare September lawncare 09/06/2023
78 $120.00 Lawncare October and November lawncare 11/20/2023
79 $120.00 Lawncare December and January lawn care 01/04/2024
80 $527.87 County Taxes Wayne County Winter taxes 01/15/2024
81 $60.00 Lawncare Feb lawn care 02/12/2024
82 $890.00 General Rehab Repairs Tree removal and debris for BSEED demo department 02/26/2024
83 $120.00 Lawncare March / April lawncare 04/11/2024
84 $60.00 Lawncare May lawncare 05/06/2024
85 $60.00 Lawncare June lawncare 06/10/2024
86 $120.00 Lawncare Lawncare July and August 08/05/2024
87 $597.06 County Taxes 08/13/2024
88 $120.00 Lawncare Sept and Oct lawncare 10/16/2024
89 $60.00 Lawncare Nov 2024 lawncare 11/21/2024
90 $60.00 Lawncare Dec lawncare 12/09/2024
91 $60.00 Lawncare Jan 2025 Lawncare 01/03/2025
92 $771.91 County Taxes 01/14/2025
93 $60.00 Lawncare Feb Lawncare 02/07/2025
94 $60.00 Lawncare March 2025 lawncare 03/25/2025
95 $1,950.00 General Rehab Repairs City compliance BSEED meeting 05/05/2025
96 $120.00 Lawncare April and May lawncare 05/06/2025
97 $180.00 Miscellaneous June, July, August lawncare 07/29/2025
98 $1,850.00 General Rehab Repairs BSEED hearing - preservation, tree cut, roof fix 08/03/2025
99 $1,243.46 County Taxes County Taxes 08/13/2025
100 $250.00 General Rehab Repairs CAMM Group and Detroit Portfolio Holdings Registered agent renewal 10/08/2025
101 $180.00 Lawncare Sept, Oct, Nov lawncare 11/03/2025
102 $250.00 Miscellaneous Front door and lock replacement 11/13/2025
103 $120.00 Lawncare Lawncare Dec and Jan 01/05/2026
104 $295.38 County Taxes 01/20/2026
Overall ROI : 0.00 %
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) : 0.00% ROI (2026) : 0.00%
Overall Profit/Loss: -$48,790.33
Profit/Loss (2017) : -$21,314.90 Profit/Loss (2018) : -$1,375.06 Profit/Loss (2019) : -$1,169.74 Profit/Loss (2020) : -$1,032.59 Profit/Loss (2021) : -$7,762.19 Profit/Loss (2022) : -$2,415.93 Profit/Loss (2023) : -$3,534.24 Profit/Loss (2024) : -$2,794.93 Profit/Loss (2025) : -$6,975.37 Profit/Loss (2026) : -$415.38
Total Admin Owed : $0.00
Total Client Owed : $0.00
Total Owed : $0.00

Map Location

Turning Affordable Property Investments into Sustainable Passive Income Production

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.