Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $3,900.00 | Property Purchase Price | 06/28/2017 |
| 2 | $12,000.00 | General Rehab Repairs | 07/28/2017 |
| 3 | $1,000.00 | General Rehab Repairs | 09/27/2017 |
| 4 | $1,035.00 | General Rehab Repairs | 03/07/2018 |
| 5 | $3,000.00 | General Rehab Repairs | 08/18/2018 |
| 6 | $6,200.00 | General Rehab Repairs | 01/08/2021 |
| 7 | $1,300.00 | General Rehab Repairs | 11/21/2021 |
| Purchase price : $3900 | Total Rehab Cost :$24,535.00 | All-In Property Cost : $28,435.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 06/28/2017 | |
| 2 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 06/28/2017 | |
| 3 | $30.24 | Arcana Insurance Payment | Arcana April | 06/28/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana May | 06/28/2017 | |
| 5 | $3,900.00 | Property Purchase Price | 06/28/2017 | ||
| 6 | $12,000.00 | General Rehab Repairs | James Sanders - United Preservation ($13,000 $500 bonus if 21 days) **Paid 20% ($2,600) on 3/20 ***$3,900 paid 4/7 **$2,000 paid 4/29 **$1,500 paid 5/3 $1,000 paid 5/25 **$1,000 paid 6/1 | 07/28/2017 | |
| 7 | $67.32 | County Taxes | 2016 | 06/28/2017 | |
| 8 | $1,000.00 | General Rehab Repairs | Final $1000 payment of 13k bid | 09/27/2017 | |
| 9 | $150.00 | Water Bill | Water Deposit - Landlord Account | 09/27/2017 | |
| 10 | $50.00 | Utility Turn On | Power and Gas | 09/27/2017 | |
| 11 | $952.03 | County Taxes | 09/27/2017 | ||
| 12 | $225.00 | Lawncare | Initial Lawncare and Maid clean | 09/27/2017 | |
| 13 | $60.00 | Lawncare | 11/08/2017 | ||
| 14 | $125.00 | Lawncare | Mowing and tree removal | 11/08/2017 | |
| 15 | $60.00 | Lawncare | 11/17/2017 | ||
| 16 | $150.00 | Water Bill | 11/28/2017 | ||
| 17 | $150.00 | Inspection | 12/22/2017 | ||
| 18 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 19 | $70.00 | Snow Removal | 01/27/2018 | ||
| 20 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 21 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 22 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 23 | $1,035.00 | General Rehab Repairs | Final Sec 8 repairs - Anthony Sharp - $1035 paid 3/6 | 03/07/2018 | |
| 24 | $600.00 | Curb Appeal Repairs | 06/21/2018 | ||
| 25 | $93.18 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 26 | $3,000.00 | General Rehab Repairs | Sharp paid $3,000 on 8/17. Final Sec. 8 repairs and makeup repairs from poor repairs with prior contractor | 08/18/2018 | |
| 27 | $955.30 | City Taxes | City of Detroit | 08/19/2018 | |
| 28 | $88.08 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 29 | $650.00 | Lawncare | tree removal grass cut | 07/22/2019 | |
| 30 | $495.81 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 31 | $195.00 | Registration Fee | 11/18/2019 | ||
| 32 | $495.80 | City Taxes | 2nd 1/2 summer taxes 2019 paid on divdat | 01/12/2020 | |
| 33 | $90.17 | City Taxes | Winter 2020 taxes paid on Divdat | 01/12/2020 | |
| 34 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 35 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 36 | $502.91 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/24/2020 | |
| 37 | $6,200.00 | General Rehab Repairs | $6,200 approved. $3100 paid Tyson on 1/8/21. $3100 Paid Tyson 1/13/21 | 01/08/2021 | |
| 38 | $75.00 | Inspection | Initial property inspection | 01/12/2021 | |
| 39 | $100.00 | Inspection | After rehab inspection | 01/21/2021 | |
| 40 | $172.00 | Arcana Insurance Payment | partial insurance payment during listing | 01/21/2021 | |
| 41 | $719.91 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 42 | $175.00 | Inspection | Before and After Rehab inspection | 04/30/2021 | |
| 43 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 44 | $80.00 | Lawncare | May and June Lawncare | 06/08/2021 | |
| 45 | $602.99 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 46 | $658.00 | Rent | $700-$42 management fees=$658 Rent payment for July 2021 | 07/29/2021 | |
| 47 | $997.87 | Water Bill | Past water bill over 2 years | 08/09/2021 | |
| 48 | $100.00 | Lawncare | lawncare July and August | 08/24/2021 | |
| 49 | $80.00 | Lawncare | Sept and Oct Lawncare | 10/11/2021 | |
| 50 | $1,300.00 | General Rehab Repairs | Clean debris after squatter moved out, paint interior, paint floors, secure | 11/21/2021 | |
| 51 | $500.00 | Miscellaneous | Squatter removal and securing | 11/22/2021 | |
| 52 | $80.00 | Lawncare | Nov and Dec Lawncare | 12/07/2021 | |
| 53 | $744.33 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 54 | $350.00 | Miscellaneous | Designated House-sitter for listing | 12/16/2021 | |
| 55 | $40.00 | Lawncare | Jan Lawncare | 01/13/2022 | |
| 56 | $60.00 | Snow Removal | Snow removal / Lawncare February | 02/05/2022 | |
| 57 | $60.00 | Lawncare | Lawncare March | 03/07/2022 | |
| 58 | $350.00 | Miscellaneous | TC and underwriting fee | 04/11/2022 | |
| 59 | $1,250.00 | Miscellaneous | Listing side commission | 04/11/2022 | |
| 60 | $198.40 | Miscellaneous Profit | Land Contract sale $41,910 paid to date. | 04/11/2022 | |
| 61 | $60.00 | Lawncare | Lawncare May | 05/04/2022 | |
| 62 | $120.00 | Lawncare | Lawncare June and July | 07/05/2022 | |
| 63 | $822.44 | Rent | Mortgage 4/30/22 | 07/18/2022 | |
| 64 | $60.00 | Lawncare | Lawncare August | 08/15/2022 | |
| 65 | $60.00 | Lawncare | Lawncare September | 09/09/2022 | |
| 66 | $60.00 | Lawncare | October lawn care | 10/18/2022 | |
| 67 | $60.00 | Lawncare | November lawn care | 11/21/2022 | |
| 68 | $60.00 | Lawncare | December lawn care | 12/17/2022 | |
| 69 | $60.00 | Lawncare | January lawn care | 01/03/2023 | |
| 70 | $225.00 | Miscellaneous | Special government assistance servicing | 01/06/2023 | |
| 71 | $60.00 | Lawncare | February lawn care | 03/01/2023 | |
| 72 | $4,374.00 | Rent | Mortgage payments 5/30/22 - 1/30/23 | 04/17/2023 | |
| 73 | $245.00 | Miscellaneous | Special servicing FCI invoice | 04/28/2023 | |
| 74 | $90.00 | Miscellaneous | FCI special servicing fee | 09/27/2023 | |
| 75 | $481.00 | Rent | Mortgage payment 2/28/23 | 09/29/2023 | |
| 76 | $120.00 | Miscellaneous | FCI special servicing fee | 10/24/2023 | |
| 77 | $120.00 | Miscellaneous | Special servicing fee FCI | 12/04/2023 | |
| 78 | $120.00 | Miscellaneous | Special servicing fee FCI | 01/03/2024 | |
| 79 | $120.00 | Miscellaneous | Special servicing fee FCI | 03/04/2024 | |
| 80 | $3,367.00 | Rent | Mortgage payments 3/30/23 through 9/30/23 | 05/10/2024 | |
| 81 | $120.00 | Miscellaneous | FCI Special servicing | 05/27/2024 | |
| 82 | $120.00 | Miscellaneous | FCI special servicing | 07/02/2024 | |
| 83 | $120.00 | Miscellaneous | FCI special servicing | 08/02/2024 | |
| 84 | $8,900.76 | Rent | Mortgage payments 10/30/23 through 8/30/24 | 08/22/2024 | |
| 85 | $504.00 | Rent | Mortgage payment 9/30/24 | 10/14/2024 | |
| 86 | $501.00 | Rent | Mortgage payment 10/30/24 | 11/13/2024 | |
| 87 | $120.00 | Miscellaneous | FCI special servicing | 12/04/2024 | |
| 88 | $502.00 | Rent | Mortgage payment 11/30/24 | 12/12/2024 | |
| 89 | $497.00 | Rent | Mortgage payment 12/30/24 | 02/03/2025 | |
| 90 | $60.00 | Miscellaneous | FCI special servicing | 02/05/2025 | |
| 91 | $498.00 | Rent | Mortgage payment 1/30/25 | 02/26/2025 | |
| 92 | $526.00 | Rent | Mortgage payment 2/28/25 | 03/17/2025 | |
| 93 | $60.00 | Miscellaneous | FCI special servicing | 03/27/2025 | |
| 94 | $60.00 | Miscellaneous | FCI Special servicing | 04/04/2025 | |
| 95 | $506.00 | Rent | Mortgage 3/30/25 | 05/13/2025 | |
| 96 | $60.00 | Miscellaneous | FCI special servicing | 06/04/2025 | |
| 97 | $481.00 | Rent | Mortgage payment 4/30/25 | 06/11/2025 | |
| 98 | $60.00 | Miscellaneous | FCI Servicing | 07/05/2025 | |
| 99 | $1,007.00 | Rent | Mortgage payment 5/30/25 and 6/30/25 | 08/09/2025 | |
| 100 | $120.00 | Miscellaneous | FCI servicing Aug and Sept | 09/03/2025 | |
| 101 | $506.00 | Rent | Mortgage payment 7/30/25 | 09/12/2025 | |
| 102 | $60.00 | Miscellaneous | FCI servicing | 10/02/2025 | |
| 103 | $481.00 | Rent | Mortgage payment 8/30/25 | 10/20/2025 | |
| 104 | $60.00 | Miscellaneous | FCI servicing | 11/03/2025 | |
| 105 | $481.00 | Rent | Mortgage payment 9/30/25 | 11/14/2025 | |
| 106 | $60.00 | Miscellaneous | FCI Servicing fee | 12/03/2025 | |
| 107 | $418.00 | Rent | Mortgage payment 10/30/25 | 12/18/2025 | |
| 108 | $60.00 | Miscellaneous | FCI Servicing fee | 01/02/2026 | |
| 109 | $481.00 | Rent | Mortgage payment 11/30/25 | 01/20/2026 | |
| 110 | $60.00 | Miscellaneous | FCI servicing fee | 02/10/2026 | |
| 111 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| 112 | $481.00 | Rent | Mortgage payment 12/30/25 | 03/03/2026 | |
| 113 | $3,245.34 | County Taxes | 2024 County delinquent taxes | 03/10/2026 | |
| 114 | $503.00 | Rent | Mortgage payment 1/30/26 | 03/20/2026 | |
| Overall ROI : 55.78 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 5.32% ROI (2022) : 45.57% ROI (2023) : 527.72% ROI (2024) : 1,913.16% ROI (2025) : 900.17% ROI (2026) : 42.77% |
Overall Profit/Loss: -$21,538.87 Profit/Loss (2017) : -$19,040.80 Profit/Loss (2018) : -$6,556.88 Profit/Loss (2019) : -$1,428.89 Profit/Loss (2020) : -$1,424.46 Profit/Loss (2021) : -$11,699.10 Profit/Loss (2022) : -$1,219.16 Profit/Loss (2023) : -$3,935.00 Profit/Loss (2024) : -$13,054.76 Profit/Loss (2025) : -$4,801.00 Profit/Loss (2026) : -$1,960.34 |
Total Admin Owed : $2,692.27 Total Client Owed : $0.00 Total Owed : $2,692.27 |
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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.
