Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $3,093.00 | Property Purchase Price | 09/27/2017 |
| 2 | $18,470.00 | General Rehab Repairs | 09/27/2017 |
| 3 | $500.00 | General Rehab Repairs | 12/02/2017 |
| 4 | $1,350.00 | General Rehab Repairs | 04/13/2018 |
| 5 | $2,000.00 | General Rehab Repairs | 01/05/2019 |
| Purchase price : $3093 | Total Rehab Cost :$22,320.00 | All-In Property Cost : $25,413.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 09/27/2017 | |
| 2 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 09/27/2017 | |
| 3 | $30.24 | Arcana Insurance Payment | Arcana April | 09/27/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana May | 09/27/2017 | |
| 5 | $3,093.00 | Property Purchase Price | 09/27/2017 | ||
| 6 | $68.00 | County Taxes | 09/27/2017 | ||
| 7 | $944.22 | County Taxes | 09/27/2017 | ||
| 8 | $18,470.00 | General Rehab Repairs | $18,470 total approved bid - 20% ($3,094) paid 8/13 Paid $3094 on 8/20. $3094 paid 8/26 *Additinal $3,000 paid on 8/29 **Final payment of $6,188 made on 9/1 | 09/27/2017 | |
| 9 | $100.00 | Setup Fee | 09/28/2017 | ||
| 10 | $100.00 | Utility Turn On | Power and Gas Connection | 11/17/2017 | |
| 11 | $150.00 | Water Bill | Service start fee | 11/28/2017 | |
| 12 | $500.00 | General Rehab Repairs | Section 8 additional repairs - $500 paid 12/2 | 12/02/2017 | |
| 13 | $150.00 | Inspection | 12/22/2017 | ||
| 14 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 15 | $117.16 | Electricity Bill | DTE - not on Dec consolidation | 12/28/2017 | |
| 16 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 17 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 18 | $85.34 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 19 | $1,500.00 | Rent | Feb 2018 deposit and first month's rent | 02/19/2018 | |
| 20 | $705.00 | Rent | March 2018 Rent - $750 - $45 = $705 | 03/23/2018 | |
| 21 | $1,350.00 | General Rehab Repairs | Move in repairs | 04/13/2018 | |
| 22 | $20.00 | Eviction Expenses | 7 day notice | 05/12/2018 | |
| 23 | $705.00 | Rent | $750 May 2018 Rent payment minus $45 management fee | 06/22/2018 | |
| 24 | $1,410.00 | Rent | $750 May and $750 June 2018 Rent payment minus $90 management fee | 06/22/2018 | |
| 25 | $92.16 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 26 | $20.00 | Eviction Expenses | 7 day notice | 07/27/2018 | |
| 27 | $947.45 | City Taxes | City of Detroit | 08/20/2018 | |
| 28 | $470.00 | Rent | July 2018 Rent - $500 rent minus management | 09/25/2018 | |
| 29 | $470.00 | Rent | Aug 2018 Rent - $500 minus management | 09/25/2018 | |
| 30 | $470.00 | Rent | Sept 2018 Rent - $500 minus management | 09/25/2018 | |
| 31 | $20.00 | Eviction Expenses | 7 day notice | 11/13/2018 | |
| 32 | $940.00 | Rent | $1000-$60 = $940 management fee | 11/29/2018 | |
| 33 | $20.00 | Eviction Expenses | 7 day notice | 12/11/2018 | |
| 34 | $2,000.00 | General Rehab Repairs | Habitability repairs. Paid Sharp on 1/5 | 01/05/2019 | |
| 35 | $87.10 | City Taxes | Detroit Winter Taxes 2019 | 01/29/2019 | |
| 36 | $705.00 | Rent | $750 - $45 mgmt fee = $705 | 02/01/2019 | |
| 37 | $705.00 | Rent | $750 - $45 mgmt fee = $705 | 02/20/2019 | |
| 38 | $70.00 | Snow Removal | 02/20/2019 | ||
| 39 | $65.00 | Lawncare | 03/29/2019 | ||
| 40 | $60.00 | Lawncare | 05/05/2019 | ||
| 41 | $200.00 | Registration Fee | Vacant registration inspection fee | 05/30/2019 | |
| 42 | $350.00 | Registration Fee | Rental registration fee | 05/30/2019 | |
| 43 | $60.00 | Lawncare | 06/03/2019 | ||
| 44 | $705.00 | Rent | $750 - $45 mgmt fee = $705 (May) | 07/29/2019 | |
| 45 | $705.00 | Rent | $750 - $45 mgmt fee = $705 (June) | 07/31/2019 | |
| 46 | $491.07 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/19/2019 | |
| 47 | $705.00 | Rent | $750 - $45 mgmt fee = $705 | 01/06/2020 | |
| 48 | $580.90 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/19/2020 | |
| 49 | $611.00 | Rent | $650 - $39 mgmt fee = $611 | 01/28/2020 | |
| 50 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 51 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 52 | $498.73 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 53 | $714.25 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 54 | $598.00 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 55 | $737.84 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 56 | $1,227.71 | County Taxes | 08/15/2022 | ||
| 57 | $60.00 | Lawncare | October lawn care | 10/18/2022 | |
| 58 | $50.00 | Miscellaneous | October Frontpoint security alarm | 10/18/2022 | |
| 59 | $60.00 | Lawncare | November lawn care | 11/21/2022 | |
| 60 | $50.00 | Miscellaneous | November Frontpoint security alarm | 11/21/2022 | |
| 61 | $60.00 | Lawncare | December lawn care | 12/17/2022 | |
| 62 | $50.00 | Miscellaneous | December Frontpoint security alarm | 12/17/2022 | |
| 63 | $60.00 | Lawncare | January lawn care | 01/03/2023 | |
| 64 | $50.00 | Miscellaneous | January Frontpoint security alarm | 01/03/2023 | |
| 65 | $132.36 | City Taxes | Winter tax payments 2022 | 01/04/2023 | |
| 66 | $60.00 | Lawncare | February lawn care | 03/01/2023 | |
| 67 | $50.00 | Miscellaneous | February Frontpoint security alarm | 03/01/2023 | |
| 68 | $100.00 | Miscellaneous | Security Alarm March and April | 04/06/2023 | |
| 69 | $50.00 | Lawncare | Security Alarm May | 05/13/2023 | |
| 70 | $180.00 | Lawncare | June, July, August lawn care | 08/23/2023 | |
| 71 | $1,314.51 | County Taxes | 2023 County Taxes | 08/24/2023 | |
| 72 | $60.00 | Lawncare | September lawncare | 09/06/2023 | |
| 73 | $120.00 | Lawncare | October and November lawncare | 11/20/2023 | |
| 74 | $120.00 | Lawncare | December and January lawn care | 01/04/2024 | |
| 75 | $160.06 | County Taxes | Wayne County Winter taxes | 01/15/2024 | |
| 76 | $60.00 | Lawncare | Feb lawn care | 02/12/2024 | |
| 77 | $120.00 | Lawncare | March / April lawncare | 04/11/2024 | |
| 78 | $60.00 | Lawncare | May lawncare | 05/06/2024 | |
| 79 | $60.00 | Lawncare | June lawncare | 06/10/2024 | |
| 80 | $120.00 | Lawncare | Lawncare July and August | 08/05/2024 | |
| 81 | $661.18 | County Taxes | 08/13/2024 | ||
| 82 | $120.00 | Lawncare | Sept and Oct lawncare | 10/16/2024 | |
| 83 | $60.00 | Lawncare | Nov 2024 lawncare | 11/21/2024 | |
| 84 | $60.00 | Lawncare | Dec lawncare | 12/09/2024 | |
| Overall ROI : 27.58 % ROI (2017) : 0.00% ROI (2018) : 211.86% ROI (2019) : 83.35% ROI (2020) : 92.99% ROI (2021) : 0.00% ROI (2022) : 0.00% ROI (2023) : 0.00% ROI (2024) : 0.00% |
Overall Profit/Loss: -$28,370.47 Profit/Loss (2017) : -$23,843.83 Profit/Loss (2018) : -$3,521.65 Profit/Loss (2019) : -$563.17 Profit/Loss (2020) : -$99.21 Profit/Loss (2021) : -$2,050.09 Profit/Loss (2022) : -$1,557.71 Profit/Loss (2023) : -$2,176.87 Profit/Loss (2024) : -$1,601.24 |
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.
