Payment Split : 20% / 80%
Partnership Equity Split : 0% / 100%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $3,216.00 | Property Purchase Price | 06/28/2017 |
| 2 | $15,700.00 | General Rehab Repairs | 06/28/2017 |
| 3 | $1,000.00 | General Rehab Repairs | 01/09/2018 |
| 4 | $800.00 | General Rehab Repairs | 06/19/2019 |
| 5 | $6,300.00 | General Rehab Repairs | 02/27/2020 |
| Purchase price : $3216 | Total Rehab Cost :$23,800.00 | All-In Property Cost : $27,016.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 06/28/2017 | |
| 2 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 06/28/2017 | |
| 3 | $30.24 | Arcana Insurance Payment | Arcana April | 06/28/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana May | 06/28/2017 | |
| 5 | $3,216.00 | Property Purchase Price | 06/28/2017 | ||
| 6 | $15,700.00 | General Rehab Repairs | Rahim ($15,700) **Paid $5,550 3/27 **$10,150 paid 6/19 | 06/28/2017 | |
| 7 | $150.38 | County Taxes | 06/28/2017 | ||
| 8 | $15.00 | Miscellaneous | Marketing pics - City Management - taken out of Rent | 06/29/2017 | |
| 9 | $150.00 | Water Bill | Water Deposit - Landlord Account | 09/27/2017 | |
| 10 | $100.00 | Lawncare | Mow and Tree removal | 09/27/2017 | |
| 11 | $965.96 | County Taxes | 09/27/2017 | ||
| 12 | $100.00 | Setup Fee | 09/27/2017 | ||
| 13 | $60.00 | Lawncare | 09/28/2017 | ||
| 14 | $50.00 | Lawncare | 10/21/2017 | ||
| 15 | $60.00 | Lawncare | 11/17/2017 | ||
| 16 | $300.00 | Utility Turn On | Gas Reconnection Fee | 11/17/2017 | |
| 17 | $150.00 | Water Bill | Service start fee | 11/28/2017 | |
| 18 | $70.00 | Snow Removal | 12/22/2017 | ||
| 19 | $150.00 | Inspection | 12/22/2017 | ||
| 20 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 21 | $1,000.00 | General Rehab Repairs | Final Section 8 Repairs - Anthony Sharp | 01/09/2018 | |
| 22 | $70.00 | Snow Removal | 01/27/2018 | ||
| 23 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 24 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 25 | $75.86 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 26 | $8.52 | Electricity Bill | 03/05/2018 | ||
| 27 | $70.00 | Water Bill | Water dept go and meet inspector | 03/05/2018 | |
| 28 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 29 | $8.52 | Electricity Bill | 03/13/2018 | ||
| 30 | $8.81 | Electricity Bill | 04/04/2018 | ||
| 31 | $18.39 | Electricity Bill | 05/15/2018 | ||
| 32 | $94.00 | Water Bill | 06/16/2018 | ||
| 33 | $710.00 | Rent | $755 June 2018 rent minus $45.30 management fee | 06/22/2018 | |
| 34 | $81.92 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 35 | $160.46 | Waste Bill | Detroit Water & Sewerage Dept | 07/16/2018 | |
| 36 | $968.83 | City Taxes | City of Detroit | 08/22/2018 | |
| 37 | $1,067.36 | Water Bill | Detroit Water & Sewerage Dept | 09/05/2018 | |
| 38 | $50.29 | Water Bill | Detroit Water & Sewerage Dept | 10/29/2018 | |
| 39 | $150.93 | Water Bill | Detroit Water & Sewerage Dept | 11/28/2018 | |
| 40 | $77.42 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 41 | $56.16 | Water Bill | DWSD | 02/05/2019 | |
| 42 | $70.00 | Snow Removal | 02/22/2019 | ||
| 43 | $155.21 | Electricity Bill | DWSD | 02/24/2019 | |
| 44 | $25.58 | Electricity Bill | DWSD | 03/25/2019 | |
| 45 | $65.00 | Lawncare | 03/31/2019 | ||
| 46 | $60.00 | Lawncare | 05/06/2019 | ||
| 47 | $74.04 | Electricity Bill | DWSD | 05/22/2019 | |
| 48 | $300.00 | Eviction Expenses | prep/file summons complaint | 05/31/2019 | |
| 49 | $60.00 | Lawncare | 06/03/2019 | ||
| 50 | $82.59 | Electricity Bill | DWSD | 06/17/2019 | |
| 51 | $800.00 | General Rehab Repairs | Final listing curb appeal, lawn care, and debris removal from squatter | 06/19/2019 | |
| 52 | $165.08 | Electricity Bill | DWSD | 07/18/2019 | |
| 53 | $450.00 | Eviction Expenses | Notice to pay or quit, court review and appearance, writ served, and bailiff lockout | 07/22/2019 | |
| 54 | $75.00 | Lawncare | 07/23/2019 | ||
| 55 | $705.00 | Rent | $750 - $45 mgmt fee = $705 (July) | 07/31/2019 | |
| 56 | $500.42 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| 57 | $125.00 | Lawncare | lawncare & property clean up | 09/05/2019 | |
| 58 | $55.74 | Water Bill | DWSD | 09/15/2019 | |
| 59 | $156.64 | Water Bill | DWSD | 10/08/2019 | |
| 60 | $100.00 | Lawncare | 10/25/2019 | ||
| 61 | $223.62 | Water Bill | DWSD | 11/14/2019 | |
| 62 | $195.00 | Registration Fee | 11/15/2019 | ||
| 63 | $475.00 | Miscellaneous | Alarm System install and securing package | 12/16/2019 | |
| 64 | $579.68 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/21/2020 | |
| 65 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 66 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/26/2020 | |
| 67 | $6,300.00 | General Rehab Repairs | $6,300 rehab Quintin approved 2/27/20. Paid 40% to Quintin $2520 on 2/27/20 Paid Quintin $3780 on 3/22/20 | 02/27/2020 | |
| 68 | $14.90 | Water Bill | DWSD | 03/17/2020 | |
| 69 | $137.82 | Water Bill | DWSD | 04/16/2020 | |
| 70 | $170.16 | Electricity Bill | DTE | 04/21/2020 | |
| 71 | $75.52 | Electricity Bill | DTE | 04/27/2020 | |
| 72 | $57.24 | Electricity Bill | DTE | 05/06/2020 | |
| 73 | $89.34 | Water Bill | DWSD | 05/15/2020 | |
| 74 | $34.71 | Water Bill | DWSD | 06/15/2020 | |
| 75 | $44.67 | Water Bill | DWSD | 07/17/2020 | |
| 76 | $650.28 | Final Funds (Purchase) | Final funds payment. 47k LC. $36,798 spent at time of closing | 07/29/2020 | |
| 77 | $350.00 | Miscellaneous | Underwriter Fee | 08/03/2020 | |
| 78 | $103.14 | Water Bill | DWSD | 08/27/2020 | |
| 79 | $103.14 | Water Bill | DWSD | 09/21/2020 | |
| 80 | $437.91 | Rent | Mortgage payment 8/24/20 | 10/19/2020 | |
| 81 | $507.91 | Rent | Mortgage payment 9/24/20 | 03/15/2021 | |
| 82 | $507.91 | Rent | Mortgage payment 10/24/20 | 03/15/2021 | |
| 83 | $567.69 | Rent | Mortgage payment 11/24/20 | 03/15/2021 | |
| 84 | $532.54 | Rent | Mortgage payment - 1/24/21 | 06/29/2021 | |
| 85 | $548.14 | Rent | Mortgage payment - 12/24/20 | 06/29/2021 | |
| 86 | $522.91 | Rent | Mortgage payment 2/24/21 | 09/24/2021 | |
| 87 | $191.12 | Miscellaneous | RHMS land contract insurance | 01/26/2022 | |
| 88 | $23.74 | Rent | Mortgage payment 3/25/22 | 04/11/2022 | |
| 89 | $3,802.96 | County Taxes | Payment of taxes to not tax default - land contract | 08/23/2024 | |
| 90 | $4,085.77 | County Taxes | Tax Default Land Contract Payment for 2022 | 01/21/2025 | |
| 91 | $780.00 | Miscellaneous | Land Contract evictions with Issa Haddad | 02/13/2025 | |
| Overall ROI : 10.49 % ROI (2017) : 0.00% ROI (2018) : 15.31% ROI (2019) : 16.22% ROI (2020) : 4.84% ROI (2021) : inf% ROI (2022) : 12.42% ROI (2024) : 0.00% ROI (2025) : 0.00% |
Overall Profit/Loss: -$43,215.86 Profit/Loss (2017) : -$21,388.79 Profit/Loss (2018) : -$3,927.29 Profit/Loss (2019) : -$3,642.50 Profit/Loss (2020) : -$8,608.27 Profit/Loss (2021) : -$3,187.10 Profit/Loss (2022) : -$167.38 Profit/Loss (2024) : -$3,802.96 Profit/Loss (2025) : -$4,865.77 |
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.
