Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $6,998.00 | Property Purchase Price | 06/28/2017 |
| 2 | $13,500.00 | General Rehab Repairs | 07/02/2017 |
| 3 | $1,500.00 | General Rehab Repairs | 08/05/2017 |
| 4 | $800.00 | Furnace Install | 11/08/2017 |
| 5 | $2,000.00 | Plumbing Repairs | 11/08/2019 |
| Purchase price : $6998 | Total Rehab Cost :$17,800.00 | All-In Property Cost : $24,798.00 | |
| # | 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 | $6,998.00 | Property Purchase Price | 06/28/2017 | ||
| 6 | $13,500.00 | General Rehab Repairs | Sean Rooks Bid 15k **$6,000 (40%) paid 5/17 - additional 50% ($7,500) paid for 5/30 **Final $1,500 paid 7/1 | 07/02/2017 | |
| 7 | $204.41 | County Taxes | 06/28/2017 | ||
| 8 | $1,500.00 | General Rehab Repairs | Final unreimbursed $1,500 for rehab paid 7/1 | 08/05/2017 | |
| 9 | $175.00 | Lawncare | 08/05/2017 | ||
| 10 | $100.00 | Setup Fee | 08/05/2017 | ||
| 11 | $150.00 | Water Bill | Water Deposit - Landlord Account | 08/05/2017 | |
| 12 | $25.00 | Utility Turn On | Gas | 08/05/2017 | |
| 13 | $865.96 | County Taxes | 08/05/2017 | ||
| 14 | $75.00 | Lawncare | 11/08/2017 | ||
| 15 | $800.00 | Furnace Install | Furnace/HWH install ($1,200 total) - $800 paid 10/12 | 11/08/2017 | |
| 16 | $50.00 | Lawncare | 11/08/2017 | ||
| 17 | $50.00 | Utility Turn On | Power | 11/17/2017 | |
| 18 | $60.00 | Lawncare | 11/17/2017 | ||
| 19 | $150.00 | Water Bill | Water turn on fee | 11/28/2017 | |
| 20 | $70.00 | Snow Removal | 12/22/2017 | ||
| 21 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 22 | $70.00 | Snow Removal | 01/27/2018 | ||
| 23 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 24 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 25 | $75.86 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 26 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 27 | $60.00 | Lawncare | 05/12/2018 | ||
| 28 | $81.92 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 29 | $60.00 | Lawncare | 09/24/2018 | ||
| 30 | $60.00 | Lawncare | 11/15/2018 | ||
| 31 | $77.42 | City Taxes | Detroit Winter Taxes 2019 | 01/24/2019 | |
| 32 | $150.00 | Registration Fee | Vacant property registration - City of Detroit | 05/26/2019 | |
| 33 | $350.00 | Curb Appeal Repairs | Curb appeal repairs & lawncare | 06/27/2019 | |
| 34 | $450.42 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/19/2019 | |
| 35 | $2,000.00 | Plumbing Repairs | 11/08/2019 | ||
| 36 | $529.68 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/19/2020 | |
| 37 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 38 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 39 | $456.66 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/13/2020 | |
| 40 | $657.42 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 41 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 42 | $120.00 | Miscellaneous | Closing Notary, Copies, Mailing | 06/04/2021 | |
| 43 | $24,571.05 | Miscellaneous Profit | Closing funds from 25k sale | 06/08/2021 | |
| Overall ROI : 78.39 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 2,865.70% |
Overall Profit/Loss: -$6,772.13 Profit/Loss (2017) : -$24,924.82 Profit/Loss (2018) : -$1,211.18 Profit/Loss (2019) : -$3,027.84 Profit/Loss (2020) : -$1,321.92 Profit/Loss (2021) : -$23,713.63 |
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.
