Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $11,262.23 | Property Purchase Price | 08/05/2017 |
| 2 | $60.00 | General Rehab Repairs | 08/05/2017 |
| 3 | $7,500.00 | General Rehab Repairs | 08/05/2017 |
| 4 | $1,600.00 | General Rehab Repairs | 11/14/2017 |
| 5 | $1,100.00 | General Rehab Repairs | 12/26/2017 |
| 6 | $4,200.00 | General Rehab Repairs | 11/11/2020 |
| 7 | $500.00 | General Rehab Repairs | 11/15/2020 |
| Purchase price : $11262.23 | Total Rehab Cost :$14,960.00 | All-In Property Cost : $26,222.23 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $11,262.23 | Property Purchase Price | $270 EMD sent 6/27 (Martin) **Final funds $10,992.23 paid 6/30 (Rami) | 08/05/2017 | |
| 2 | $60.00 | General Rehab Repairs | 2 x Wire (one Rami, one Martin) | 08/05/2017 | |
| 3 | $24.39 | Arcana Insurance Payment | Arcana | 08/05/2017 | |
| 4 | $30.24 | Arcana Insurance Payment | Arcana | 08/05/2017 | |
| 5 | $29.27 | Arcana Insurance Payment | Arcana | 08/05/2017 | |
| 6 | $30.24 | Arcana Insurance Payment | Arcana | 08/05/2017 | |
| 7 | $30.24 | Arcana Insurance Payment | Arcana Insurance Feb | 08/05/2017 | |
| 8 | $27.79 | Arcana Insurance Payment | Arcana March 2017 | 08/05/2017 | |
| 9 | $30.24 | Arcana Insurance Payment | Arcana March | 08/05/2017 | |
| 10 | $29.27 | Arcana Insurance Payment | Arcana May | 08/05/2017 | |
| 11 | $29.27 | Arcana Insurance Payment | Arcana | 08/05/2017 | |
| 12 | $30.24 | Arcana Insurance Payment | Arcana | 08/05/2017 | |
| 13 | $7,500.00 | General Rehab Repairs | Mario / Albert initial payment made $3500 on 6/21 **$4,000 paid on 7/28 | 08/05/2017 | |
| 14 | $150.00 | Water Bill | Water Deposit - Landlord Account | 08/05/2017 | |
| 15 | $125.00 | Lawncare | Removal of overgrowth in back yard | 08/05/2017 | |
| 16 | $100.00 | Setup Fee | MPM | 08/05/2017 | |
| 17 | $115.92 | County Taxes | 2016 | 09/27/2017 | |
| 18 | $631.23 | County Taxes | 2017 | 09/27/2017 | |
| 19 | $1,600.00 | General Rehab Repairs | $2,900 total - $1,600 paid 11/13 | 11/14/2017 | |
| 20 | $60.00 | Lawncare | 11/17/2017 | ||
| 21 | $300.00 | Utility Turn On | Gas Reconnection fee | 11/17/2017 | |
| 22 | $70.00 | Snow Removal | 12/22/2017 | ||
| 23 | $100.00 | Utility Turn On | Water, Power | 12/22/2017 | |
| 24 | $1,100.00 | General Rehab Repairs | Remainder of Sec 8 repairs - not included in Dec consolidation | 12/26/2017 | |
| 25 | $70.00 | Snow Removal | 01/27/2018 | ||
| 26 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 27 | $47.39 | County Taxes | 2017 Winter Taxes | 02/02/2018 | |
| 28 | $56.67 | Electricity Bill | 02/14/2018 | ||
| 29 | $36.26 | Electricity Bill | 03/07/2018 | ||
| 30 | $28.67 | Electricity Bill | 04/04/2018 | ||
| 31 | $21.54 | Electricity Bill | DTE | 05/16/2018 | |
| 32 | $23.45 | Electricity Bill | DTE | 05/16/2018 | |
| 33 | $27.34 | Electricity Bill | 07/02/2018 | ||
| 34 | $31.20 | Electricity Bill | DTE Power bill | 08/22/2018 | |
| 35 | $31.96 | Electricity Bill | DTE | 09/19/2018 | |
| 36 | $68.08 | County Taxes | 2017 - Wayne County Treasurer | 10/06/2018 | |
| 37 | $29.24 | Electricity Bill | DTE | 10/11/2018 | |
| 38 | $47.14 | Electricity Bill | DTE bill | 11/13/2018 | |
| 39 | $26.26 | Electricity Bill | DTE | 02/11/2019 | |
| 40 | $48.22 | Electricity Bill | DTE | 03/08/2019 | |
| 41 | $15.72 | Electricity Bill | DTE | 04/15/2019 | |
| 42 | $150.00 | Registration Fee | Vacant property registration - city of Detroit | 05/29/2019 | |
| 43 | $100.00 | Lawncare | lawncare and curb appeal | 09/17/2019 | |
| 44 | $49.53 | City Taxes | Winter 2020 taxes paid in divdat | 01/12/2020 | |
| 45 | $721.09 | City Taxes | 2nd 1/2 summer taxes 2019 paid by divdat | 01/12/2020 | |
| 46 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 47 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/27/2020 | |
| 48 | $1,188.83 | County Taxes | Wayne County Treasurer | 06/08/2020 | |
| 49 | $330.39 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/13/2020 | |
| 50 | $4,200.00 | General Rehab Repairs | $4,200 approved. $2,100 paid Tyson on 11/10/20. $2,100 paid Tyson on 11/14/20 | 11/11/2020 | |
| 51 | $500.00 | General Rehab Repairs | Porch repair and paint | 11/15/2020 | |
| 52 | $417.96 | Miscellaneous | Insurance | 12/22/2020 | |
| 53 | $150.00 | Miscellaneous | Nov, Dec and Jan Frontpoint alarm | 01/26/2021 | |
| 54 | $486.82 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 55 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 56 | $200.00 | Miscellaneous | Feb, March, April, May Frontpoint Security | 05/05/2021 | |
| 57 | $80.00 | Lawncare | May and June Lawncare | 06/08/2021 | |
| 58 | $50.00 | Miscellaneous | June Frontpoint Security | 06/08/2021 | |
| 59 | $396.19 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 60 | $100.00 | Lawncare | lawncare July and August | 08/24/2021 | |
| 61 | $80.00 | Lawncare | Sept and Oct Lawncare | 10/11/2021 | |
| 62 | $80.00 | Lawncare | Nov lawncare | 11/16/2021 | |
| 63 | $130.00 | Miscellaneous | Notary and printing | 11/16/2021 | |
| 64 | $1,250.00 | Miscellaneous | Buyer side commission | 11/21/2021 | |
| 65 | $1,593.52 | Miscellaneous Profit | Land Contract closing funds. Sold for 45k LC and amount spent is $34,144.94 | 12/13/2021 | |
| 66 | $350.00 | Miscellaneous | TC and underwriter fee | 12/27/2021 | |
| 67 | $396.00 | Rent | Mortgage payment 12/15/21 | 07/06/2022 | |
| 68 | $225.00 | Miscellaneous | Special government assistance servicing | 01/06/2023 | |
| 69 | $6,273.00 | Rent | Mortgage from 1/22 to 1/23 | 02/13/2023 | |
| 70 | $506.00 | Rent | Mortgage payment 2/15/23 | 10/20/2023 | |
| 71 | $465.00 | Rent | Mortgage payment 3/15/23 | 12/20/2023 | |
| 72 | $1,387.43 | County Taxes | Delinquent tax payment | 01/31/2024 | |
| 73 | $573.00 | Rent | Mortgage payment 4/15/23 | 03/06/2024 | |
| 74 | $3,920.00 | Rent | Mortgage payments 5/15/23 through 12/15/23 | 04/01/2024 | |
| 75 | $465.00 | Rent | Mortgage payment 1/15/24 | 04/10/2024 | |
| 76 | $481.00 | Rent | Mortgage payment 2/15/24 | 06/10/2024 | |
| 77 | $2,415.34 | Rent | Mortgage payment 3/24 through 7/24 | 09/12/2024 | |
| 78 | $481.00 | Rent | Mortgage payment 8/15/24 | 10/14/2024 | |
| 79 | $483.00 | Rent | Mortgage payment 10/15/24 | 12/05/2024 | |
| 80 | $503.00 | Rent | Mortgage payment 11/15/24 | 01/06/2025 | |
| 81 | $465.00 | Rent | Mortgage payment 12/1/24 | 02/03/2025 | |
| 82 | $983.00 | Rent | $502 and $481 – 1/15 and 2/15/25 | 04/02/2025 | |
| 83 | $481.00 | Rent | Mortgage payment 3/15/25 | 07/22/2025 | |
| 84 | $506.00 | Rent | Mortgage payment 4/15/25 | 10/20/2025 | |
| 85 | $523.00 | Rent | Mortgage payment 5/15/25 | 02/21/2026 | |
| 86 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| 87 | $1,513.00 | Rent | Mortgage payments 6/25 - 8/25 | 03/26/2026 | |
| Overall ROI : 61.55 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 46.42% ROI (2022) : inf% ROI (2023) : 3,219.56% ROI (2024) : 635.59% ROI (2025) : inf% ROI (2026) : 3,393.33% |
Overall Profit/Loss: -$14,385.03 Profit/Loss (2017) : -$23,465.57 Profit/Loss (2018) : -$756.30 Profit/Loss (2019) : -$340.20 Profit/Loss (2020) : -$7,743.38 Profit/Loss (2021) : -$1,839.49 Profit/Loss (2022) : -$396.00 Profit/Loss (2023) : -$7,019.00 Profit/Loss (2024) : -$7,430.91 Profit/Loss (2025) : -$2,938.00 Profit/Loss (2026) : -$1,976.00 |
Total Admin Owed : $48.00 Total Client Owed : $0.00 Total Owed : $48.00 |
|||
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.
