Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $300.00 | Gas Line Repairs | 05/24/2017 |
| 2 | $4,325.00 | Property Purchase Price | 05/24/2017 |
| 3 | $8,975.00 | General Rehab Repairs | 05/24/2017 |
| 4 | $525.00 | General Rehab Repairs | 09/27/2017 |
| 5 | $1,500.00 | General Rehab Repairs | 11/14/2017 |
| 6 | $550.00 | Electrical Repairs | 12/13/2017 |
| 7 | $1,100.00 | General Rehab Repairs | 12/26/2017 |
| 8 | $3,750.00 | General Rehab Repairs | 07/31/2018 |
| 9 | $450.00 | General Rehab Repairs | 05/04/2023 |
| 10 | $550.00 | General Rehab Repairs | 07/03/2023 |
| Purchase price : $4325 | Total Rehab Cost :$17,700.00 | All-In Property Cost : $22,025.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $300.00 | Gas Line Repairs | Power and Gas repair by utility company | 05/24/2017 | |
| 2 | $14.64 | Arcana Insurance Payment | Feb | 05/24/2017 | |
| 3 | $27.30 | Arcana Insurance Payment | March | 05/24/2017 | |
| 4 | $30.24 | Arcana Insurance Payment | April | 05/24/2017 | |
| 5 | $29.27 | Arcana Insurance Payment | May | 05/24/2017 | |
| 6 | $4,325.00 | Property Purchase Price | 05/24/2017 | ||
| 7 | $8,975.00 | General Rehab Repairs | Sean Rooks ($8975) *initial 30% payment made ($2,692.50) on 4/19 **paid $5,385 on 4/29 (60%) **$897.50 paid 5/17 | 05/24/2017 | |
| 8 | $58.60 | County Taxes | 09/27/2017 | ||
| 9 | $525.00 | General Rehab Repairs | Section 8 required repairs | 09/27/2017 | |
| 10 | $200.00 | Lawncare | Initial launcher and debris removal | 09/27/2017 | |
| 11 | $150.00 | Water Bill | Water Deposit - Landlord Account | 09/27/2017 | |
| 12 | $834.67 | County Taxes | 09/27/2017 | ||
| 13 | $75.00 | Lawncare | 09/27/2017 | ||
| 14 | $60.00 | Lawncare | 11/08/2017 | ||
| 15 | $50.00 | Lawncare | 11/08/2017 | ||
| 16 | $175.00 | Miscellaneous | Overgrown lawn, debris and clean | 11/08/2017 | |
| 17 | $1,500.00 | General Rehab Repairs | $2,600 total - $1,500 paid 11/13 | 11/14/2017 | |
| 18 | $50.00 | Utility Turn On | Electrical | 11/17/2017 | |
| 19 | $60.00 | Lawncare | 11/16/27 | 11/17/2017 | |
| 20 | $300.00 | Gas Bill | Gas Reconnection Fee | 11/17/2017 | |
| 21 | $550.00 | Electrical Repairs | Electrical repairs to get utilities turned on - Anthony | 12/13/2017 | |
| 22 | $70.00 | Snow Removal | 12/22/2017 | ||
| 23 | $150.00 | Inspection | 12/22/2017 | ||
| 24 | $100.00 | Utility Turn On | Water and Gas | 12/22/2017 | |
| 25 | $1,100.00 | General Rehab Repairs | Remainder of Sec 8 repairs - not included in Dec consolidation | 12/26/2017 | |
| 26 | $70.00 | Snow Removal | 01/27/2018 | ||
| 27 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 28 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 29 | $72.06 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 30 | $150.00 | Inspection | Sec 8 inspection | 03/05/2018 | |
| 31 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 32 | $9.99 | Electricity Bill | 03/13/2018 | ||
| 33 | $60.00 | Lawncare | 04/17/2018 | ||
| 34 | $60.00 | Lawncare | 05/12/2018 | ||
| 35 | $79.02 | County Taxes | 05/22/2018 | ||
| 36 | $227.00 | Water Bill | 06/16/2018 | ||
| 37 | $200.00 | Utility Turn On | Utility turn on water | 06/29/2018 | |
| 38 | $1,114.25 | Electricity Bill | 07/02/2018 | ||
| 39 | $91.36 | Waste Bill | Detroit Water & Sewerage Dept | 07/16/2018 | |
| 40 | $3,750.00 | General Rehab Repairs | Final Sec. 8 inspection - Roof leak and plumbing | 07/31/2018 | |
| 41 | $837.34 | City Taxes | City of Detroit | 08/20/2018 | |
| 42 | $60.00 | Lawncare | 09/05/2018 | ||
| 43 | $60.00 | Lawncare | 09/21/2018 | ||
| 44 | $60.00 | Lawncare | 12/04/2018 | ||
| 45 | $73.54 | City Taxes | Detroit Winter Taxes 2019 | 01/29/2019 | |
| 46 | $207.16 | Electricity Bill | DWSD | 02/26/2019 | |
| 47 | $98.19 | Electricity Bill | DWSD | 03/25/2019 | |
| 48 | $531.10 | Rent | $565 - $33.90 mgmt fee = $531.10 | 04/03/2019 | |
| 49 | $41.33 | Electricity Bill | DWSD | 04/24/2019 | |
| 50 | $200.00 | Registration Fee | Vacant registration inspection fees | 05/30/2019 | |
| 51 | $350.00 | Registration Fee | Rental registration fee | 05/30/2019 | |
| 52 | $681.50 | Rent | $725 - $43.50 mgmt fee = $681.50 (May) | 07/29/2019 | |
| 53 | $531.10 | Rent | $565 - $33.90 mgmt fee = $531.10 (June) | 07/31/2019 | |
| 54 | $531.10 | Rent | $565 - $33.90 mgmt fee = $531.10 (July) | 07/31/2019 | |
| 55 | $433.87 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 56 | $356.04 | Arcana Insurance Payment | 09/02/2019 | ||
| 57 | $531.10 | Rent | $565 - $33.90 mgmt fee = $531.10 | 01/06/2020 | |
| 58 | $509.16 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/21/2020 | |
| 59 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/13/2020 | |
| 60 | $563.00 | Rent | Positive Feb 2020 rent | 03/09/2020 | |
| 61 | $563.00 | Rent | $599 - $36 mgmt fee = $563 | 03/30/2020 | |
| 62 | $563.00 | Rent | $599 - $36 mgmt fee = $563 | 05/01/2020 | |
| 63 | $563.00 | Rent | $599 - $36 mgmt fee = $563 | 06/09/2020 | |
| 64 | $563.00 | Rent | $599 - $36 mgmt fee = $563 | 06/30/2020 | |
| 65 | $563.00 | Rent | $599 - $39 mgmt fee = $563 | 07/28/2020 | |
| 66 | $439.80 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/24/2020 | |
| 67 | $563.00 | Rent | $599 - $36 mgmt fee = $563 Aug 2020 rent | 09/02/2020 | |
| 68 | $563.00 | Rent | $599 - $36 mgmt fee = $563 | 09/29/2020 | |
| 69 | $634.63 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 70 | $527.33 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 71 | $646.31 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 72 | $1,081.45 | County Taxes | 08/15/2022 | ||
| 73 | $60.00 | Lawncare | October lawn care | 10/18/2022 | |
| 74 | $50.00 | Miscellaneous | October Frontpoint security alarm | 10/18/2022 | |
| 75 | $60.00 | Lawncare | November lawn care | 11/21/2022 | |
| 76 | $50.00 | Miscellaneous | November Frontpoint security alarm | 11/21/2022 | |
| 77 | $60.00 | Lawncare | December lawn care | 12/17/2022 | |
| 78 | $50.00 | Miscellaneous | December Frontpoint security alarm | 12/17/2022 | |
| 79 | $60.00 | Lawncare | January lawn care | 01/03/2023 | |
| 80 | $50.00 | Miscellaneous | January Frontpoint security alarm | 01/03/2023 | |
| 81 | $111.79 | City Taxes | Winter tax payments 2022 | 01/04/2023 | |
| 82 | $60.00 | Lawncare | February lawn care | 03/01/2023 | |
| 83 | $50.00 | Miscellaneous | February Frontpoint security alarm | 03/01/2023 | |
| 84 | $120.00 | Lawncare | March and April lawn care | 04/06/2023 | |
| 85 | $100.00 | Miscellaneous | Security Alarm March and April | 04/06/2023 | |
| 86 | $950.00 | Miscellaneous | BSEED demo department boarding, lawncare, and debris removal | 04/21/2023 | |
| 87 | $450.00 | General Rehab Repairs | BSEED demo department additional boarding and tree removal | 05/04/2023 | |
| 88 | $60.00 | Lawncare | May lawn care | 05/13/2023 | |
| 89 | $50.00 | Miscellaneous | Security Alarm May | 05/13/2023 | |
| 90 | $550.00 | General Rehab Repairs | Updated items needed by BSEED before city hearing | 07/03/2023 | |
| 91 | $180.00 | Lawncare | June, July, August lawn care | 08/23/2023 | |
| 92 | $1,156.50 | County Taxes | 2023 County Taxes | 08/24/2023 | |
| 93 | $60.00 | Lawncare | September lawncare | 09/06/2023 | |
| 94 | $120.00 | Lawncare | October and November lawncare | 11/20/2023 | |
| 95 | $120.00 | Lawncare | December and January lawn care | 01/04/2024 | |
| 96 | $139.94 | County Taxes | Wayne County Winter taxes | 01/15/2024 | |
| 97 | $60.00 | Lawncare | Feb lawn care | 02/12/2024 | |
| 98 | $120.00 | Lawncare | March / April lawncare | 04/11/2024 | |
| 99 | $60.00 | Lawncare | May lawncare | 05/06/2024 | |
| 100 | $60.00 | Lawncare | June lawncare | 06/10/2024 | |
| 101 | $120.00 | Lawncare | Lawncare July and August | 08/05/2024 | |
| 102 | $581.94 | County Taxes | 08/13/2024 | ||
| 103 | $120.00 | Lawncare | Sept and Oct lawncare | 10/16/2024 | |
| 104 | $60.00 | Lawncare | Nov 2024 lawncare | 11/21/2024 | |
| 105 | $60.00 | Lawncare | Dec lawncare | 12/09/2024 | |
| Overall ROI : 18.62 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 129.24% ROI (2020) : 407.85% ROI (2021) : 0.00% ROI (2022) : 0.00% ROI (2023) : 0.00% ROI (2024) : 0.00% |
Overall Profit/Loss: -$31,948.80 Profit/Loss (2017) : -$19,709.72 Profit/Loss (2018) : -$7,704.42 Profit/Loss (2019) : -$514.67 Profit/Loss (2020) : -$3,800.56 Profit/Loss (2021) : -$1,808.27 Profit/Loss (2022) : -$1,411.45 Profit/Loss (2023) : -$4,128.29 Profit/Loss (2024) : -$1,501.88 |
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.
