Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $5,303.00 | Property Purchase Price | 08/05/2017 |
| 2 | $9,780.00 | General Rehab Repairs | 08/05/2017 |
| 3 | $3,760.00 | General Rehab Repairs | 09/26/2017 |
| 4 | $1,760.00 | General Rehab Repairs | 11/08/2017 |
| Purchase price : $5303 | Total Rehab Cost :$15,300.00 | All-In Property Cost : $20,603.00 | |
| # | 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 | $5,303.00 | Property Purchase Price | 08/05/2017 | ||
| 6 | $29.13 | County Taxes | 08/05/2017 | ||
| 7 | $9,780.00 | General Rehab Repairs | Alphonso Harris Nova Team bid $16,300 **paid 20% ($3,260) on 6/13 **additional 20% ($3,260) paid on 6/28 **Additional 20% $3,260 paid on 7/13 | 08/05/2017 | |
| 8 | $25.00 | Utility Turn On | 08/05/2017 | ||
| 9 | $3,760.00 | General Rehab Repairs | 4th progress payment - Total is now $13,040 out of $16,300. $500 paid 9/15 | 09/26/2017 | |
| 10 | $461.02 | County Taxes | 2017 | 09/26/2017 | |
| 11 | $16.43 | Electricity Bill | 09/26/2017 | ||
| 12 | $12.27 | Electricity Bill | DTE | 11/08/2017 | |
| 13 | $100.00 | Setup Fee | 11/08/2017 | ||
| 14 | $1,760.00 | General Rehab Repairs | $1760 paid 10/10 ($1000 remaining) | 11/08/2017 | |
| 15 | $175.00 | Utility Turn On | Gas connection ($25), Water Deposit $150 | 11/08/2017 | |
| 16 | $408.28 | Electricity Bill | DTE | 11/12/2017 | |
| 17 | $70.00 | Snow Removal | 12/22/2017 | ||
| 18 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 19 | $70.00 | Snow Removal | 01/27/2018 | ||
| 20 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 21 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 22 | $26.76 | County Taxes | 2017 Winter Taxes | 02/02/2018 | |
| 23 | $28.90 | City Taxes | Detroit city taxes 2017 | 06/23/2018 | |
| 24 | $462.00 | City Taxes | City of Detroit | 09/02/2018 | |
| 25 | $150.00 | Eviction Expenses | Prep/file summons complaint | 09/20/2018 | |
| 26 | $27.30 | City Taxes | Detroit Winter Taxes 2019 | 01/18/2019 | |
| 27 | $300.00 | Eviction Expenses | prep/file summons complaint | 05/31/2019 | |
| 28 | $473.26 | City Taxes | DivDat payment because Autoagent payment didn't go thru | 08/26/2019 | |
| 29 | $650.00 | Eviction Expenses | Eviction, Bailiff, dumpster | 09/05/2019 | |
| 30 | $27.97 | City Taxes | Winter 2020 taxes paid by divdat | 01/12/2020 | |
| 31 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 32 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 33 | $238.85 | City Taxes | 1st 1/2 summer city taxes 2020 - DivDat online payment | 08/25/2020 | |
| 34 | $363.15 | County Taxes | Winter and partial Summer taxes | 02/03/2021 | |
| 35 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 36 | $120.00 | Miscellaneous | Closing Notary, Copies, Mailing | 06/04/2021 | |
| 37 | $26,964.39 | Miscellaneous Profit | Cash sale closed 6/10/21 | 06/14/2021 | |
| Overall ROI : 103.71 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 4,788.14% |
Overall Profit/Loss: -$965.64 Profit/Loss (2017) : -$22,051.58 Profit/Loss (2018) : -$1,331.06 Profit/Loss (2019) : -$1,450.56 Profit/Loss (2020) : -$602.40 Profit/Loss (2021) : -$26,401.24 |
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.
