Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $16,370.00 | Property Purchase Price (including Closing Costs) | 08/05/2017 |
| 2 | $8,000.00 | General Rehab Repairs | 08/05/2017 |
| 3 | $6,500.00 | General Rehab Repairs | 11/08/2017 |
| 4 | $600.00 | General Rehab Repairs | 05/01/2018 |
| 5 | $3,200.00 | General Rehab Repairs | 07/02/2018 |
| 6 | $1,450.00 | General Rehab Repairs | 03/16/2019 |
| 7 | $200.00 | General Rehab Repairs | 06/01/2019 |
| 8 | $250.00 | Plumbing Repairs | 10/02/2019 |
| 9 | $250.00 | Plumbing Repairs | 01/16/2020 |
| 10 | $450.00 | Plumbing Repairs | 04/21/2020 |
| 11 | $1,200.00 | General Rehab Repairs | 07/29/2020 |
| Purchase price : $16370 | Total Rehab Cost :$22,100.00 | All-In Property Cost : $38,470.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $16,370.00 | Property Purchase Price (including Closing Costs) | Total Purchase Price ($12,200) with closing costs and rehab | 08/05/2017 | |
| 2 | $2.94 | Arcana Insurance Payment | Arcana | 08/05/2017 | |
| 3 | $29.27 | 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 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 08/05/2017 | |
| 9 | $30.24 | Arcana Insurance Payment | Arcana April | 08/05/2017 | |
| 10 | $29.27 | Arcana Insurance Payment | Arcana May | 08/05/2017 | |
| 11 | $88.13 | County Taxes | 2016 | 08/05/2017 | |
| 12 | $8,000.00 | General Rehab Repairs | 08/05/2017 | ||
| 13 | $819.02 | County Taxes | 2017 | 09/27/2017 | |
| 14 | $118.68 | Arcana Insurance Payment | Arcana June, July, Aug | 09/27/2017 | |
| 15 | $356.04 | Arcana Insurance Payment | Arcana 8/29/17 to 8/29/18 | 09/27/2017 | |
| 16 | $6,500.00 | General Rehab Repairs | $8,000 final repairs approved - $1,500 paid 11/7 *$5,000 paid 12/3 | 11/08/2017 | |
| 17 | $100.00 | Setup Fee | 01/27/2018 | ||
| 18 | $100.00 | Utility Turn On | Power, Gas | 01/27/2018 | |
| 19 | $300.00 | Utility Turn On | Gas reconnect Fee | 01/27/2018 | |
| 20 | $70.17 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 21 | $60.00 | Lawncare | 04/17/2018 | ||
| 22 | $600.00 | General Rehab Repairs | Yard cleanup, debris removal, tree trimming, curb appeal, hauling | 05/01/2018 | |
| 23 | $60.00 | Lawncare | 05/12/2018 | ||
| 24 | $150.00 | Water Bill | 06/20/2018 | ||
| 25 | $75.79 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 26 | $3,200.00 | General Rehab Repairs | Final Sec. 8 exterior and interior repairs. Paid Sharp on 7/2 | 07/02/2018 | |
| 27 | $200.00 | Utility Turn On | Water | 07/27/2018 | |
| 28 | $214.44 | Water Bill | Detroit Water & Sewerage Dept | 08/12/2018 | |
| 29 | $802.03 | City Taxes | City of Detroit | 08/13/2018 | |
| 30 | $60.00 | Lawncare | 09/05/2018 | ||
| 31 | $242.13 | Water Bill | Detroit Water & Sewerage Dept | 09/13/2018 | |
| 32 | $398.31 | Electricity Bill | DTE | 09/19/2018 | |
| 33 | $60.00 | Lawncare | 09/21/2018 | ||
| 34 | $52.74 | Water Bill | Detroit Water & Sewerage Dept | 10/04/2018 | |
| 35 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/18/2018 | |
| 36 | $60.00 | Lawncare | 12/04/2018 | ||
| 37 | $69.20 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 38 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 | 02/02/2019 | |
| 39 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 | 02/20/2019 | |
| 40 | $1,450.00 | General Rehab Repairs | Backed up main plumbing system - unclogged and cleaned up | 03/16/2019 | |
| 41 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 | 04/03/2019 | |
| 42 | $200.00 | Registration Fee | Vacant registration inspection fee | 05/30/2019 | |
| 43 | $350.00 | Registration Fee | Rental registration fee | 05/30/2019 | |
| 44 | $200.00 | General Rehab Repairs | Repair hot water heater | 06/01/2019 | |
| 45 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 (May) | 07/29/2019 | |
| 46 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 (June) | 07/31/2019 | |
| 47 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 (July) | 07/31/2019 | |
| 48 | $415.30 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 49 | $250.00 | Plumbing Repairs | Toilet replacement | 10/02/2019 | |
| 50 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 | 01/06/2020 | |
| 51 | $250.00 | Plumbing Repairs | Remove water from basement and snake drain - Paid Sharp $250 on 1/15/2020 | 01/16/2020 | |
| 52 | $486.15 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/23/2020 | |
| 53 | $613.82 | Rent | $653 - $39.18 mgmt fee = $613.82 | 01/28/2020 | |
| 54 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 55 | $450.00 | Plumbing Repairs | 04/21/2020 | ||
| 56 | $417.00 | Arcana Insurance Payment | Arcana insurance from 5/1/20 to 5/1/21 | 05/04/2020 | |
| 57 | $1,200.00 | General Rehab Repairs | Repairs requested per LC Sale. Paid Quintin 7/28/20 $1,200 | 07/29/2020 | |
| 58 | $14.41 | Water Bill | DWSD | 08/10/2020 | |
| 59 | $420.91 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/24/2020 | |
| 60 | $729.92 | Miscellaneous | $629.92 final funds to escrow plus $100 notary fees - 50k Land Contract initiated - $41,930.44 remaining | 09/04/2020 | |
| 61 | $850.00 | Miscellaneous | Commission and TC fee | 09/25/2020 | |
| 62 | $476.31 | Rent | Mortgage payment 10/3/20 | 11/18/2020 | |
| 63 | $1,250.00 | Miscellaneous | LC commission | 11/23/2020 | |
| 64 | $546.31 | Rent | Mortgage payment 11/3/20 | 11/30/2020 | |
| 65 | $546.31 | Rent | Mortgage payment 12/3/20 | 12/28/2020 | |
| 66 | $546.31 | Rent | Mortgage payment 1/3/21 | 01/25/2021 | |
| 67 | $526.31 | Rent | Mortgage payment 2/3/21 | 03/22/2021 | |
| 68 | $687.75 | Rent | Mortgage payment 3/3/21 | 04/20/2021 | |
| 69 | $546.31 | Rent | Mortgage payment 4/3/21 | 04/26/2021 | |
| 70 | $551.31 | Rent | Mortgage payment - 5/3/21 | 06/29/2021 | |
| 71 | $551.31 | Rent | Mortgage payment 6/3/21 | 08/03/2021 | |
| 72 | $526.53 | Rent | Mortgage payment 7/3/21 | 10/04/2021 | |
| 73 | $550.81 | Rent | Mortgage payment 8/3/21 | 12/14/2021 | |
| 74 | $576.31 | Rent | Mortgage payment 10/3/21 | 03/30/2022 | |
| 75 | $526.31 | Rent | Mortgage payment 11/3/21 | 03/30/2022 | |
| 76 | $216.16 | Rent | Mortgage payment 3/16/22 | 04/11/2022 | |
| 77 | $526.31 | Rent | Mortgage payment 12/3/21 | 04/11/2022 | |
| 78 | $526.31 | Rent | Mortgage paid 1/3/22 | 04/25/2022 | |
| 79 | $541.31 | Rent | Mortgage payment 2/3/22 | 05/02/2022 | |
| 80 | $566.31 | Rent | Mortgage payment 3/3/22 | 08/26/2022 | |
| 81 | $258.29 | Rent | Mortgage payment 4/3/22 | 11/29/2022 | |
| 82 | $283.02 | Rent | Mortgage payment 4/3/22 | 11/29/2022 | |
| 83 | $541.31 | Rent | Mortgage payment 5/3/22 | 02/23/2023 | |
| 84 | $2,215.24 | Rent | Mortgage payments 6/3/22 - 9/3/22 | 05/05/2023 | |
| 85 | $566.31 | Rent | Mortgage payment 10/3/22 | 04/04/2024 | |
| 86 | $3,914.17 | Rent | Mortage payments 11/2023 through 5/3/23 | 04/29/2024 | |
| 87 | $1,120.43 | Rent | Mortgage payment 7/3/23 and 8/3/23 | 10/14/2024 | |
| 88 | $566.31 | Rent | Mortgage payment 10/3/23 | 01/06/2025 | |
| 89 | $566.31 | Rent | Mortgage payment 11/3/23 | 03/20/2025 | |
| 90 | $603.51 | Rent | Mortgage payment 12/3/23 | 04/21/2025 | |
| 91 | $566.31 | Rent | mortgage payment 1/3/24 | 04/30/2025 | |
| 92 | $526.31 | Rent | Mortgage payment 9/3/21 | 08/09/2025 | |
| 93 | $541.31 | Rent | Mortgage payment 2/3/24 | 09/03/2025 | |
| 94 | $2,160.00 | Rent | Mortgage payment 3/3/24 - 6/3/24 | 12/11/2025 | |
| 95 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| 96 | $1,773.93 | Rent | Mortgage payments 7/3/24 - 9/3/24 | 03/20/2026 | |
| Overall ROI : 62.55 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 125.50% ROI (2020) : 44.01% ROI (2021) : inf% ROI (2022) : inf% ROI (2023) : inf% ROI (2024) : inf% ROI (2025) : inf% ROI (2026) : 2,956.55% |
Overall Profit/Loss: -$18,353.09 Profit/Loss (2017) : -$32,490.88 Profit/Loss (2018) : -$7,161.65 Profit/Loss (2019) : -$748.42 Profit/Loss (2020) : -$3,557.40 Profit/Loss (2021) : -$4,486.64 Profit/Loss (2022) : -$4,020.33 Profit/Loss (2023) : -$2,756.55 Profit/Loss (2024) : -$5,600.91 Profit/Loss (2025) : -$5,530.06 Profit/Loss (2026) : -$1,713.93 |
Total Admin Owed : $48.00 Total Client Owed : $0.00 Total Owed : $48.00 |
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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.
