Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $6,300.00 | Property Purchase Price | 09/25/2017 |
| 2 | $1,819.00 | General Rehab Repairs | 09/27/2017 |
| 3 | $4,962.00 | General Rehab Repairs | 06/08/2018 |
| 4 | $4,000.00 | General Rehab Repairs | 06/19/2018 |
| 5 | $7,200.00 | General Rehab Repairs | 10/21/2020 |
| Purchase price : $6300 | Total Rehab Cost :$17,981.00 | All-In Property Cost : $24,281.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $6,300.00 | Property Purchase Price | 09/25/2017 | ||
| 2 | $849.00 | County Taxes | Summer tax 2017 | 09/25/2017 | |
| 3 | $1,819.00 | General Rehab Repairs | $1,819 (20%) initial payment sent on 9/27 - discovered still occupied | 09/27/2017 | |
| 4 | $100.00 | Setup Fee | 11/17/2017 | ||
| 5 | $15.00 | Eviction Expenses | 30 day notice | 11/17/2017 | |
| 6 | $300.00 | Eviction Expenses | Prep/file summons/complaint | 04/15/2018 | |
| 7 | $4,962.00 | General Rehab Repairs | Paid Tyson $2681 on 6/7 Paid $2281 6/12 | 06/08/2018 | |
| 8 | $1,200.00 | Eviction Expenses | Sheriff lockout and debris removal | 06/14/2018 | |
| 9 | $4,000.00 | General Rehab Repairs | Paid Tyson $500 (part of bid) for materials on 6/20 Paid $3500 to Tyson on 6/23 | 06/19/2018 | |
| 10 | $250.00 | Eviction Expenses | prep writ/order eviction/prepare/attend hearing | 06/29/2018 | |
| 11 | $717.34 | City Taxes | City of Detroit | 09/04/2018 | |
| 12 | $250.00 | Curb Appeal Repairs | Lawncare & curb appeal for city registration | 05/29/2019 | |
| 13 | $957.54 | County Taxes | Wayne County Treasurer | 06/19/2019 | |
| 14 | $361.77 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/15/2019 | |
| 15 | $419.77 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/17/2020 | |
| 16 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/07/2020 | |
| 17 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/25/2020 | |
| 18 | $366.34 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/20/2020 | |
| 19 | $7,200.00 | General Rehab Repairs | $7,200 approved. Tyson paid $2,600 on 10/21/20. $4,600 paid Tyson on 10/23/20 | 10/21/2020 | |
| 20 | $417.96 | Miscellaneous | Insurance | 12/22/2020 | |
| 21 | $150.00 | Miscellaneous | Nov, Dec and Jan Frontpoint alarm | 01/26/2021 | |
| 22 | $535.40 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 23 | $1,250.00 | Miscellaneous | Buyer side commission and TC fee | 04/09/2021 | |
| 24 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 25 | $200.00 | Miscellaneous | Feb, March, April, May Frontpoint Security | 05/05/2021 | |
| 26 | $80.00 | Lawncare | May and June Lawncare | 06/08/2021 | |
| 27 | $50.00 | Miscellaneous | June Frontpoint Security | 06/08/2021 | |
| 28 | $456.31 | Rent | Mortgage payment - 3/5/21 | 06/29/2021 | |
| 29 | $526.31 | Rent | Mortgage payment - 4/5/21 | 06/29/2021 | |
| 30 | $775.80 | Water Bill | Past due water bill at closing. | 07/23/2021 | |
| 31 | $526.31 | Rent | Mortgage payment 6/5/21 | 09/13/2021 | |
| 32 | $526.31 | Rent | Mortgage payment 7/5/21 | 10/04/2021 | |
| 33 | $526.31 | Rent | Mortgage payment 8/5/21 | 11/02/2021 | |
| 34 | $526.31 | Rent | Mortgage payment 9/5/21 | 11/02/2021 | |
| 35 | $526.31 | Rent | Mortgage payment 10/5/21 | 12/06/2021 | |
| 36 | $526.31 | Rent | Mortgage payment 12/5/21 | 03/07/2022 | |
| 37 | $526.31 | Rent | Mortgage payment 2/5/22 | 03/30/2022 | |
| 38 | $546.31 | Rent | Mortgage payment 3/5/21 | 04/11/2022 | |
| 39 | $526.31 | Rent | Mortgage payment 4/5/22 | 08/01/2022 | |
| 40 | $526.34 | Rent | Mortgage payment 4/5/22 | 08/16/2022 | |
| 41 | $526.31 | Rent | Mortgage payment 5/5/22 | 08/16/2022 | |
| 42 | $551.31 | Rent | Mortgage payment 7/5/22 | 08/26/2022 | |
| 43 | $526.31 | Rent | Mortgage payment 6/5/22 | 08/26/2022 | |
| 44 | $150.77 | Miscellaneous Profit | Escrow advance repayment | 11/29/2022 | |
| 45 | $526.31 | Rent | Mortgage payment 9/5/22 | 12/16/2022 | |
| 46 | $551.31 | Rent | Mortgage payment 11/5/22 | 12/27/2022 | |
| 47 | $526.31 | Rent | Mortgage payment 10/5/22 | 12/27/2022 | |
| 48 | $571.31 | Rent | Mortgage 1/5/23 | 02/13/2023 | |
| 49 | $526.31 | Rent | Mortgage 12/5/23 | 02/13/2023 | |
| 50 | $546.31 | Rent | Mortgage payment 2/5/23 | 02/23/2023 | |
| 51 | $40,130.34 | Miscellaneous Profit | Mortgage refinance. $22,674.19 spent. | 03/09/2023 | |
| 52 | $81.00 | Rent | Mortgage payment overage from FCI 5/17/23 | 05/28/2023 | |
| Overall ROI : 151.67 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 115.79% ROI (2022) : inf% ROI (2023) : inf% |
Overall Profit/Loss: -$17,537.15 Profit/Loss (2017) : -$9,083.00 Profit/Loss (2018) : -$11,429.34 Profit/Loss (2019) : -$1,569.31 Profit/Loss (2020) : -$8,739.65 Profit/Loss (2021) : -$492.97 Profit/Loss (2022) : -$6,010.21 Profit/Loss (2023) : -$41,855.27 |
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.
