Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $8,666.00 | Property Purchase Price | 09/27/2017 |
| 2 | $2,800.00 | General Rehab Repairs | 09/27/2017 |
| 3 | $2,800.00 | General Rehab Repairs | 11/25/2017 |
| 4 | $4,200.00 | General Rehab Repairs | 12/05/2017 |
| 5 | $1,000.00 | General Rehab Repairs | 02/13/2018 |
| 6 | $4,200.00 | General Rehab Repairs | 03/30/2018 |
| 7 | $785.00 | General Rehab Repairs | 02/10/2019 |
| 8 | $500.00 | General Rehab Repairs | 12/28/2019 |
| 9 | $750.00 | General Rehab Repairs | 06/16/2021 |
| Purchase price : $8666 | Total Rehab Cost :$17,035.00 | All-In Property Cost : $25,701.00 | |
| # | 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 | $8,666.00 | Property Purchase Price | 09/27/2017 | ||
| 6 | $178.57 | County Taxes | 09/27/2017 | ||
| 7 | $2,800.00 | General Rehab Repairs | Jim Sanders 14k bid approved - $2,800 (20%) paid 7/28 | 09/27/2017 | |
| 8 | $631.23 | County Taxes | 09/27/2017 | ||
| 9 | $2,800.00 | General Rehab Repairs | $2,800 paid 11/22 | 11/25/2017 | |
| 10 | $4,200.00 | General Rehab Repairs | Progress payment $4,200 paid 12/6 | 12/05/2017 | |
| 11 | $100.00 | Setup Fee | 01/27/2018 | ||
| 12 | $15.00 | Eviction Expenses | 30 day notice | 01/27/2018 | |
| 13 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 14 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 15 | $47.39 | County Taxes | 2017 Winter Taxes | 02/02/2018 | |
| 16 | $1,000.00 | General Rehab Repairs | Final rehab repairs paid Anthony Sharp 2/13 | 02/13/2018 | |
| 17 | $50.00 | Utility Turn On | Power | 03/05/2018 | |
| 18 | $4,200.00 | General Rehab Repairs | Final rehab payment - paid James Sanders on 3/30 | 03/30/2018 | |
| 19 | $60.00 | Lawncare | 04/16/2018 | ||
| 20 | $60.00 | Lawncare | 05/12/2018 | ||
| 21 | $50.71 | City Taxes | 05/19/2018 | ||
| 22 | $150.00 | Water Bill | 06/16/2018 | ||
| 23 | $200.00 | Utility Turn On | Water utility turn on | 06/29/2018 | |
| 24 | $200.00 | Utility Turn On | Water | 07/27/2018 | |
| 25 | $633.02 | City Taxes | City of Detroit | 08/20/2018 | |
| 26 | $33.69 | Water Bill | Detroit Water & Sewerage Dept | 08/23/2018 | |
| 27 | $60.00 | Lawncare | 08/26/2018 | ||
| 28 | $85.32 | Water Bill | Detroit Water & Sewerage Dept | 09/14/2018 | |
| 29 | $60.00 | Lawncare | 09/21/2018 | ||
| 30 | $60.00 | Lawncare | 12/04/2018 | ||
| 31 | $48.38 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 32 | $785.00 | General Rehab Repairs | Clear Boarding | 02/10/2019 | |
| 33 | $113.60 | Electricity Bill | DWSD | 02/23/2019 | |
| 34 | $350.00 | Curb Appeal Repairs | 04/08/2019 | ||
| 35 | $26.22 | Electricity Bill | DWSD | 04/10/2019 | |
| 36 | $600.00 | Curb Appeal Repairs | 05/14/2019 | ||
| 37 | $13.43 | Electricity Bill | DWSD | 05/21/2019 | |
| 38 | $150.00 | Registration Fee | Vacant property registration - City of Detroit | 05/26/2019 | |
| 39 | $700.00 | Curb Appeal Repairs | Front living room window, kitchen sink, back door moulding, doorknobs | 05/31/2019 | |
| 40 | $60.00 | Lawncare | 06/04/2019 | ||
| 41 | $13.43 | Electricity Bill | DWSD | 06/21/2019 | |
| 42 | $13.43 | Electricity Bill | DWSD | 06/24/2019 | |
| 43 | $40.93 | Water Bill | DWSD | 07/18/2019 | |
| 44 | $200.00 | Lawncare | Grass cut brush removal | 07/22/2019 | |
| 45 | $81.76 | Water Bill | DWSD | 08/12/2019 | |
| 46 | $326.48 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payments | 08/14/2019 | |
| 47 | $100.00 | Lawncare | lawncare & property cleanup | 09/06/2019 | |
| 48 | $69.60 | Water Bill | DWSD | 09/13/2019 | |
| 49 | $100.00 | Lawncare | lawncare and curb appeal | 09/18/2019 | |
| 50 | $14.56 | Water Bill | DWSD | 10/08/2019 | |
| 51 | $475.00 | Miscellaneous | Alarm system installation | 10/14/2019 | |
| 52 | $100.00 | Lawncare | 10/28/2019 | ||
| 53 | $500.00 | General Rehab Repairs | Break-in repair and debris removal | 12/28/2019 | |
| 54 | $50.00 | Miscellaneous | Alarm system | 01/08/2020 | |
| 55 | $376.01 | City Taxes | 2nd 1/2 summer 2019 + winter 2020 taxes | 01/11/2020 | |
| 56 | $11.91 | Water Bill | DWSD | 01/15/2020 | |
| 57 | $166.03 | Electricity Bill | DTE | 02/04/2020 | |
| 58 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 59 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 60 | $48.02 | Water Bill | DWSD | 03/17/2020 | |
| 61 | $22.04 | Electricity Bill | DTE | 03/25/2020 | |
| 62 | $46.04 | Water Bill | DWSD | 04/10/2020 | |
| 63 | $10.27 | Electricity Bill | DTE | 04/28/2020 | |
| 64 | $27.40 | Water Bill | DWSD | 05/07/2020 | |
| 65 | $94.94 | Water Bill | DWSD | 08/10/2020 | |
| 66 | $330.39 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/24/2020 | |
| 67 | $47.58 | Water Bill | DWSD | 10/06/2020 | |
| 68 | $29.75 | Water Bill | DWSD | 11/28/2020 | |
| 69 | $59.50 | Water Bill | DWSD - services turned off 10/22/20 | 12/02/2020 | |
| 70 | $25.49 | Waste Bill | 02/01/2021 | ||
| 71 | $486.82 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 72 | $117.58 | Water Bill | 05/23/2021 | ||
| 73 | $750.00 | General Rehab Repairs | Remove squatter, debris, rekey, secure | 06/16/2021 | |
| 74 | $28.33 | Water Bill | Water bill | 06/29/2021 | |
| 75 | $396.19 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 76 | $142.00 | Miscellaneous | Notary, copies, and overnight docs | 07/18/2021 | |
| 77 | $36,246.35 | Miscellaneous Profit | $36,246.35 closing funds, $35,519.47 spent before closing | 07/18/2021 | |
| Overall ROI : 102.05 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 1,862.22% |
Overall Profit/Loss: -$726.88 Profit/Loss (2017) : -$19,377.25 Profit/Loss (2018) : -$7,658.53 Profit/Loss (2019) : -$4,881.82 Profit/Loss (2020) : -$1,655.46 Profit/Loss (2021) : -$34,299.94 |
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.
