Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $6,818.00 | Property Purchase Price | 08/05/2017 |
| 2 | $6,900.00 | General Rehab Repairs | 08/05/2017 |
| 3 | $930.00 | Furnace Repair | 11/08/2017 |
| 4 | $2,450.00 | General Rehab Repairs | 11/11/2017 |
| 5 | $2,150.00 | General Rehab Repairs | 03/14/2018 |
| 6 | $750.00 | General Rehab Repairs | 10/17/2019 |
| 7 | $750.00 | General Rehab Repairs | 10/30/2019 |
| 8 | $750.00 | General Rehab Repairs | 01/30/2020 |
| 9 | $350.00 | Plumbing Repairs | 05/22/2020 |
| 10 | $250.00 | Plumbing Repairs | 05/22/2020 |
| 11 | $675.00 | Plumbing Repairs | 10/13/2020 |
| 12 | $400.00 | General Rehab Repairs | 10/13/2020 |
| 13 | $1,545.00 | General Rehab Repairs | 09/15/2021 |
| 14 | $600.00 | General Rehab Repairs | 11/30/2021 |
| 15 | $500.00 | Plumbing Repairs | 12/27/2021 |
| 16 | $485.00 | General Rehab Repairs | 02/04/2023 |
| Purchase price : $6818 | Total Rehab Cost :$19,485.00 | All-In Property Cost : $26,303.00 | |
| # | 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 | $6,818.00 | Property Purchase Price | 08/05/2017 | ||
| 6 | $6,900.00 | General Rehab Repairs | Anthony bid $11,500 **Paid 30% ($3,450) on 5/20 Paid 30% ($3450) on 6/17 | 08/05/2017 | |
| 7 | $72.05 | County Taxes | 08/05/2017 | ||
| 8 | $25.00 | Utility Turn On | 08/05/2017 | ||
| 9 | $25.00 | Utility Turn On | 08/05/2017 | ||
| 10 | $150.00 | Water Bill | Water Deposit - Landlord Account | 08/05/2017 | |
| 11 | $858.16 | County Taxes | 08/05/2017 | ||
| 12 | $930.00 | Furnace Repair | 11/08/2017 | ||
| 13 | $70.38 | Fine: Fine | 11/08/2017 | ||
| 14 | $100.00 | Setup Fee | 11/08/2017 | ||
| 15 | $2,450.00 | General Rehab Repairs | $2,450 paid 11/11 ($1,000 remaining) | 11/11/2017 | |
| 16 | $350.00 | Utility Turn On | $50 Power connection, $300 Gas Reconnection fee | 11/17/2017 | |
| 17 | $150.00 | Water Bill | Service start fee | 11/28/2017 | |
| 18 | $70.00 | Snow Removal | 12/22/2017 | ||
| 19 | $150.00 | Utility Turn On | Water, Gas, Power | 12/22/2017 | |
| 20 | $4.99 | Electricity Bill | 01/27/2018 | ||
| 21 | $70.00 | Snow Removal | 01/27/2018 | ||
| 22 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 23 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 24 | $74.92 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 25 | $139.12 | Electricity Bill | 02/14/2018 | ||
| 26 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 27 | $133.59 | Electricity Bill | 03/13/2018 | ||
| 28 | $2,150.00 | General Rehab Repairs | Final Sec 8 repairs - paid to Anthony Sharp on 3/13 | 03/14/2018 | |
| 29 | $729.00 | Rent | Move in Deposit 2018 - $775 - $47 = $729 | 03/23/2018 | |
| 30 | $50.00 | Utility Turn On | Water | 04/15/2018 | |
| 31 | $150.00 | Water Bill | Water turn on | 05/12/2018 | |
| 32 | $473.33 | Electricity Bill | 05/15/2018 | ||
| 33 | $210.42 | Electricity Bill | 05/31/2018 | ||
| 34 | $1,569.00 | Rent | $1,669 back rent Sec. 8 minus $100.14 management fee | 06/22/2018 | |
| 35 | $80.92 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 36 | $137.23 | Electricity Bill | 07/02/2018 | ||
| 37 | $860.92 | City Taxes | City of Detroit | 08/15/2018 | |
| 38 | $314.22 | Water Bill | Detroit Water & Sewerage Dept | 08/23/2018 | |
| 39 | $150.00 | Water Bill | Detroit Water & Sewerage Dept | 09/06/2018 | |
| 40 | $296.23 | Electricity Bill | DTE | 09/19/2018 | |
| 41 | $986.00 | Rent | July 2018 Rent - including back rent | 09/25/2018 | |
| 42 | $625.77 | Rent | Aug 2018 Rent - $666 minus management | 09/25/2018 | |
| 43 | $728.50 | Rent | Sept 2018 Rent - $775 minus management | 09/25/2018 | |
| 44 | $728.50 | Rent | $775 minus $46.50 management fee | 10/30/2018 | |
| 45 | $728.50 | Rent | $775 - $46.50 = $728.50 management fee | 11/29/2018 | |
| 46 | $76.45 | City Taxes | Detroit Winter Taxes 2019 | 01/29/2019 | |
| 47 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 02/01/2019 | |
| 48 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 02/19/2019 | |
| 49 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 04/03/2019 | |
| 50 | $200.00 | Registration Fee | Vacant registration inspection fee | 05/31/2019 | |
| 51 | $350.00 | Registration Fee | Rental registration fee | 05/31/2019 | |
| 52 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 May | 07/29/2019 | |
| 53 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 (June) | 07/30/2019 | |
| 54 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 (July) | 07/31/2019 | |
| 55 | $446.23 | 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 | $750.00 | General Rehab Repairs | Mold and tenant concern issues bid - $750 paid 10/16 Detroit Edge. $1,500 total approved | 10/17/2019 | |
| 58 | $750.00 | General Rehab Repairs | Remainder of payment to Sharp on 10/29 to complete repairs | 10/30/2019 | |
| 59 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 01/06/2020 | |
| 60 | $524.51 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/19/2020 | |
| 61 | $750.00 | General Rehab Repairs | tenant Sec. 8 inspection | 01/30/2020 | |
| 62 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/13/2020 | |
| 63 | $165.00 | Miscellaneous | Squirrel and vermin removal | 02/24/2020 | |
| 64 | $446.50 | Rent | $475 - $28.50 mgmt fee = $446.50 | 03/30/2020 | |
| 65 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 05/01/2020 | |
| 66 | $350.00 | Plumbing Repairs | General plumbing, repairs and basement snaking | 05/22/2020 | |
| 67 | $250.00 | Plumbing Repairs | Plumbing supplies | 05/22/2020 | |
| 68 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 06/05/2020 | |
| 69 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 06/29/2020 | |
| 70 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 07/28/2020 | |
| 71 | $452.39 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/16/2020 | |
| 72 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 Aug 2020 Rent | 09/02/2020 | |
| 73 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 09/28/2020 | |
| 74 | $675.00 | Plumbing Repairs | Plumbing stack and wood repair from basement leak repairs. Quintin approved for $675. $375 paid 10/13. $300 paid 10/14 | 10/13/2020 | |
| 75 | $400.00 | General Rehab Repairs | Flooring rebuild from moisture | 10/13/2020 | |
| 76 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 10/29/2020 | |
| 77 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 01/04/2021 | |
| 78 | $728.50 | Rent | $775 - $46.50 mgmt fee = $728.50 | 01/27/2021 | |
| 79 | $651.66 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 80 | $728.50 | Rent | $775 rent paid minus $46.50 management fee=$728.50 | 02/27/2021 | |
| 81 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 03/29/2021 | |
| 82 | $587.50 | Rent | $625-mgmt fee $37.50=$587.50 | 04/27/2021 | |
| 83 | $587.50 | Rent | $625-mgmt fee $37.50=$587.50 | 05/31/2021 | |
| 84 | $542.41 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 85 | $587.50 | Rent | $625-$37.50 management fees=$587.50 Rent payment for July 2021 | 07/29/2021 | |
| 86 | $587.50 | Rent | $625- $37.50 mgmt fee = $587.50 | 08/28/2021 | |
| 87 | $1,545.00 | General Rehab Repairs | Program inspection rehab completion | 09/15/2021 | |
| 88 | $587.50 | Rent | $625 rent paid minus $37.50 management fee | 09/30/2021 | |
| 89 | $600.00 | General Rehab Repairs | Mold removal from basement - kilz treatment twice and painting | 11/30/2021 | |
| 90 | $665.90 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 91 | $500.00 | Plumbing Repairs | plumbing snake and basement cleanup | 12/27/2021 | |
| 92 | $663.64 | Rent | $706 rent paid minus $42.36 management fee | 03/03/2022 | |
| 93 | $587.50 | Rent | $625 rent paid minus $37.50 management fee | 04/04/2022 | |
| 94 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 05/04/2022 | |
| 95 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 06/03/2022 | |
| 96 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 07/08/2022 | |
| 97 | $1,112.70 | County Taxes | 08/15/2022 | ||
| 98 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 09/08/2022 | |
| 99 | $60.00 | Lawncare | October lawn care | 10/18/2022 | |
| 100 | $50.00 | Miscellaneous | October Frontpoint security alarm | 10/18/2022 | |
| 101 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 11/14/2022 | |
| 102 | $60.00 | Lawncare | November lawn care | 11/21/2022 | |
| 103 | $50.00 | Miscellaneous | November Frontpoint security alarm | 11/21/2022 | |
| 104 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 12/09/2022 | |
| 105 | $60.00 | Lawncare | December lawn care | 12/17/2022 | |
| 106 | $50.00 | Miscellaneous | December Frontpoint security alarm | 12/17/2022 | |
| 107 | $60.00 | Lawncare | January lawn care | 01/03/2023 | |
| 108 | $50.00 | Miscellaneous | January Frontpoint security alarm | 01/03/2023 | |
| 109 | $116.17 | City Taxes | Winter tax payments 2022 | 01/04/2023 | |
| 110 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 01/24/2023 | |
| 111 | $500.00 | Miscellaneous | Sheneelia showing and access and underwriting | 02/04/2023 | |
| 112 | $485.00 | General Rehab Repairs | Final sale repairs | 02/04/2023 | |
| 113 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 02/23/2023 | |
| 114 | $60.00 | Lawncare | February lawn care | 03/01/2023 | |
| 115 | $50.00 | Miscellaneous | February Frontpoint security alarm | 03/01/2023 | |
| 116 | $728.50 | Rent | $775 rent paid minus $46.50 management fee | 03/29/2023 | |
| 117 | $28,155.03 | Miscellaneous Profit | Final sale funds - 10,316.46 cost at closing | 05/03/2023 | |
| 118 | $350.00 | Miscellaneous | Underwriting and TC fee Sheneelia | 05/03/2023 | |
| 119 | $150.00 | Miscellaneous | Notary and closing docs | 05/03/2023 | |
| 120 | $60.00 | Lawncare | May lawn care | 05/13/2023 | |
| 121 | $50.00 | Miscellaneous | Security Alarm May | 05/13/2023 | |
| Overall ROI : 146.46 % ROI (2017) : 0.00% ROI (2018) : 99.93% ROI (2019) : 149.25% ROI (2020) : 162.87% ROI (2021) : 129.89% ROI (2022) : 389.70% ROI (2023) : 1,571.10% |
Overall Profit/Loss: -$18,575.57 Profit/Loss (2017) : -$19,220.04 Profit/Loss (2018) : -$4.02 Profit/Loss (2019) : -$1,442.28 Profit/Loss (2020) : -$2,422.02 Profit/Loss (2021) : -$1,346.53 Profit/Loss (2022) : -$4,179.44 Profit/Loss (2023) : -$28,409.36 |
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.
