Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $5,127.00 | Property Purchase Price | 08/05/2017 |
| 2 | $10,750.00 | General Rehab Repairs | 08/05/2017 |
| 3 | $1,000.00 | General Rehab Repairs | 01/09/2018 |
| 4 | $2,000.00 | General Rehab Repairs | 03/07/2018 |
| 5 | $150.00 | General Rehab Repairs | 07/22/2022 |
| Purchase price : $5127 | Total Rehab Cost :$13,900.00 | All-In Property Cost : $19,027.00 | |
| # | 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 | $5,127.00 | Property Purchase Price | 08/05/2017 | ||
| 6 | $10,750.00 | General Rehab Repairs | James Sanders - United Preservation ($13,000 $500 bonus if 21 days) **Paid 20% ($2,600) on 3/20 **$3,900 paid on 4/20 **$2,000 paid 4/29 ** $1,500 paid 5/3 *Paid $750 on 7/23 | 08/05/2017 | |
| 7 | $72.69 | County Taxes | 2016 | 08/05/2017 | |
| 8 | $764.25 | County Taxes | 2017 | 09/27/2017 | |
| 9 | $150.00 | Inspection | 12/22/2017 | ||
| 10 | $1,000.00 | General Rehab Repairs | Final Section 8 Repairs - Anthony Sharp | 01/09/2018 | |
| 11 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 12 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 13 | $63.52 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 14 | $100.00 | Setup Fee | 03/05/2018 | ||
| 15 | $100.00 | Utility Turn On | Electric, Gas | 03/05/2018 | |
| 16 | $2,000.00 | General Rehab Repairs | Final Sec 8 repairs - Anthony Sharp - paid 3/6 | 03/07/2018 | |
| 17 | $400.00 | Curb Appeal Repairs | 05/05/2018 | ||
| 18 | $488.44 | Electricity Bill | 05/15/2018 | ||
| 19 | $70.31 | City Taxes | 06/11/2018 | ||
| 20 | $150.00 | Water Bill | 06/16/2018 | ||
| 21 | $200.00 | Utility Turn On | Utility turn on water | 06/29/2018 | |
| 22 | $766.62 | County Taxes | Detroit Summer Taxes 2018 | 07/17/2018 | |
| 23 | $65.58 | Water Bill | Detroit Water & Sewerage Dept | 09/06/2018 | |
| 24 | $60.00 | Lawncare | 09/21/2018 | ||
| 25 | $499.14 | Rent | Aug 2018 rent - $531 minus management | 09/25/2018 | |
| 26 | $26.03 | Water Bill | Detroit Water & Sewerage Dept | 10/29/2018 | |
| 27 | $536.28 | Rent | $1262-$75.72 = $536.28 management fee / minus $652 leasing fee | 11/29/2018 | |
| 28 | $60.00 | Lawncare | 12/04/2018 | ||
| 29 | $64.83 | City Taxes | Detroit Winter Taxes 2019 | 01/29/2019 | |
| 30 | $611.00 | Rent | $650 - $39 mgmt fee = $611 | 02/01/2019 | |
| 31 | $593.14 | Rent | $631 - $37.86 = $593.14 | 02/20/2019 | |
| 32 | $264.35 | Electricity Bill | DWSD | 02/26/2019 | |
| 33 | $593.14 | Rent | $631 - $37.86 mgmt fee = $593.14 | 04/03/2019 | |
| 34 | $1,045.00 | Occupancy Cert Inspection | $295 City of Detroit Rental Registration $150 City inspection $600 Lead base inspection | 05/03/2019 | |
| 35 | $200.00 | Registration Fee | Vacant registration inspection fee | 05/30/2019 | |
| 36 | $350.00 | Registration Fee | Rental registration fee | 05/30/2019 | |
| 37 | $510.00 | Miscellaneous | Repaired bathtub leak Basement back up | 06/16/2019 | |
| 38 | $714.40 | Rent | $760 -$45.60 mgmt fee = $714.40 (May) | 07/29/2019 | |
| 39 | $666.46 | Rent | $709 - $42.54 mgmt fee = $666.46 (June) | 07/30/2019 | |
| 40 | $579.04 | Rent | $616 - $36.96 mgmt fee = $579.04 (July) | 07/31/2019 | |
| 41 | $396.69 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 42 | $356.04 | Arcana Insurance Payment | 09/02/2019 | ||
| 43 | $668.34 | Rent | $711 - $42.66 mgmt fee = $668.34 | 01/06/2020 | |
| 44 | $463.07 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/21/2020 | |
| 45 | $579.04 | Rent | $616 - $36.96 mgmt fee = $579.04 | 01/28/2020 | |
| 46 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/13/2020 | |
| 47 | $657.06 | Rent | Positive Feb 2020 rent | 03/09/2020 | |
| 48 | $657.06 | Rent | $699 - $41.94 mgmt fee = $657.06 | 03/27/2020 | |
| 49 | $588.44 | Rent | $626 - $37.56 mgmt fee = $588.44 | 05/01/2020 | |
| 50 | $722.86 | Rent | $769 - $46.14 mgmt fee = $722.86 | 06/05/2020 | |
| 51 | $657.06 | Rent | $699 - $41.94 mgmt fee = $657.06 | 06/29/2020 | |
| 52 | $588.44 | Rent | $626 - $37.56 mgmt fee = $588.44 | 07/28/2020 | |
| 53 | $401.94 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/24/2020 | |
| 54 | $669.28 | Rent | $712 - $42.72 mgmt fee = $669.28 Aug 2020 Rent | 09/02/2020 | |
| 55 | $588.44 | Rent | $626 - $37.56 mgmt fee = $588.44 | 09/28/2020 | |
| 56 | $588.44 | Rent | $626 - $37.56 mgmt fee = $588.44 | 09/28/2020 | |
| 57 | $588.44 | Rent | $626 - $37.56 mgmt fee = $588.44 | 10/29/2020 | |
| 58 | $564.02 | Rent | $626 - $61.98 mgmt fee = $564.98 | 01/04/2021 | |
| 59 | $669.28 | Rent | $712 - $42.72 mgmt fee = $669.28 | 01/27/2021 | |
| 60 | $583.48 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 61 | $595.02 | Rent | $633 rent paid minus $37.98 management fee=$595.02 | 02/27/2021 | |
| 62 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 03/29/2021 | |
| 63 | $595.02 | Rent | $633-mgmt fee$37.98=$595.02 | 04/27/2021 | |
| 64 | $595.02 | Rent | $633-mgmt fee$37.98=$595.02 | 05/31/2021 | |
| 65 | $481.93 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 66 | $595.02 | Rent | $633-$37.98 management fees=$595.02 Rent payment for July 2021 | 07/29/2021 | |
| 67 | $595.02 | Rent | $633 - $37.98 mgmt fee = $595.02 | 08/28/2021 | |
| 68 | $689.02 | Rent | $733 rent paid minus $43.98 management fee=$689.02 | 09/30/2021 | |
| 69 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 10/28/2021 | |
| 70 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 11/29/2021 | |
| 71 | $587.56 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 72 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 01/01/2022 | |
| 73 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 02/01/2022 | |
| 74 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 03/03/2022 | |
| 75 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 04/04/2022 | |
| 76 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 05/04/2022 | |
| 77 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 06/03/2022 | |
| 78 | $595.02 | Rent | $633 rent paid minus $37.98 management fee | 07/08/2022 | |
| 79 | $150.00 | General Rehab Repairs | Notary, mailing, printing | 07/22/2022 | |
| 80 | $31,120.25 | Miscellaneous Profit | Closing check. Spent $6,056 | 08/01/2022 | |
| 81 | $60.00 | Lawncare | February lawn care | 03/01/2023 | |
| 82 | $50.00 | Miscellaneous | February Frontpoint security alarm | 03/01/2023 | |
| 83 | $100.00 | Miscellaneous | Security Alarm March and April | 04/06/2023 | |
| 84 | $50.00 | Miscellaneous | Security Alarm May | 05/13/2023 | |
| Overall ROI : 184.05 % ROI (2017) : 0.00% ROI (2018) : 16.85% ROI (2019) : 117.89% ROI (2020) : 656.44% ROI (2021) : 404.27% ROI (2022) : 23,523.59% ROI (2023) : 0.00% |
Overall Profit/Loss: -$24,803.61 Profit/Loss (2017) : -$16,965.39 Profit/Loss (2018) : -$5,108.48 Profit/Loss (2019) : -$570.27 Profit/Loss (2020) : -$6,402.31 Profit/Loss (2021) : -$5,029.51 Profit/Loss (2022) : -$35,135.39 Profit/Loss (2023) : -$260.00 |
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.
