Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $16,370.00 | Property Purchase Price | 06/02/2017 |
| 2 | $30.24 | Appliances | 06/28/2017 |
| 3 | $7,222.00 | General Rehab Repairs | 06/02/2017 |
| 4 | $250.00 | General Rehab Repairs | 09/27/2017 |
| 5 | $125.00 | Plumbing Repairs | 09/28/2017 |
| Purchase price : $16370 | Total Rehab Cost :$7,627.24 | All-In Property Cost : $23,997.24 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $16,370.00 | Property Purchase Price | Total Purchase Price ($12,200) with closing costs and rehab | 06/02/2017 | |
| 2 | $2.94 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 3 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 4 | $30.24 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 5 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 6 | $30.24 | Appliances | Arcana | 06/28/2017 | |
| 7 | $675.00 | Rent | Security deposit | 06/27/2017 | |
| 8 | $30.24 | Arcana Insurance Payment | Arcana Insurance Feb | 06/28/2017 | |
| 9 | $500.00 | Rent | Partial March rent payment | 06/27/2017 | |
| 10 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 06/28/2017 | |
| 11 | $621.00 | Rent | April Rent | 06/27/2017 | |
| 12 | $30.24 | Arcana Insurance Payment | Arcana April | 06/28/2017 | |
| 13 | $29.27 | Arcana Insurance Payment | Arcana May | 06/28/2017 | |
| 14 | $7,222.00 | General Rehab Repairs | 06/02/2017 | ||
| 15 | $106.84 | County Taxes | 2016 | 06/28/2017 | |
| 16 | $621.00 | Rent | 5/5/17 - $675 collected for May rent minus PM fee | 06/29/2017 | |
| 17 | $430.56 | Rent | 6/2/17 Partial June Rent - paid $468 minus PM fee | 06/29/2017 | |
| 18 | $250.00 | General Rehab Repairs | roof leaks repairs | 09/27/2017 | |
| 19 | $905.11 | County Taxes | 2017 | 09/27/2017 | |
| 20 | $634.50 | Rent | Aug 2017 | 08/29/2017 | |
| 21 | $118.68 | Arcana Insurance Payment | June, July, Aug 2017 | 09/27/2017 | |
| 22 | $356.04 | Arcana Insurance Payment | Arcana 8/29/17 to 8/29/18 | 09/27/2017 | |
| 23 | $125.00 | Plumbing Repairs | Snake line | 09/28/2017 | |
| 24 | $594.00 | Rent | Sept 2017 | 09/28/2017 | |
| 25 | $634.50 | Rent | Sept 2017 | 09/28/2017 | |
| 26 | $675.00 | Rent | Jan 2018 Rent | 01/23/2018 | |
| 27 | $80.60 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 28 | $20.00 | Eviction Expenses | 7 day notice | 04/15/2018 | |
| 29 | $329.00 | Rent | $350 partial April rent minus $21 management | 04/25/2018 | |
| 30 | $87.04 | City Taxes | Detroit city taxes 2017 | 06/26/2018 | |
| 31 | $20.00 | Eviction Expenses | 7 day notice | 07/27/2018 | |
| 32 | $908.10 | City Taxes | City of Detroit | 08/14/2018 | |
| 33 | $300.00 | Eviction Expenses | Prep/file summons complaint | 08/24/2018 | |
| 34 | $300.00 | Eviction Expenses | prep/file summons complaint/attend hearing | 09/20/2018 | |
| 35 | $282.00 | Rent | July 2018 Rent - $300 minus management | 09/25/2018 | |
| 36 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/18/2018 | |
| 37 | $82.26 | City Taxes | Detroit Winter Taxes 2019 | 01/30/2019 | |
| 38 | $335.37 | Water Bill | DWSD | 02/28/2019 | |
| 39 | $333.63 | Water Bill | DWSD | 06/28/2019 | |
| 40 | $334.95 | Water Bill | DWSD | 07/18/2019 | |
| 41 | $471.04 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 42 | $195.00 | Registration Fee | 11/15/2019 | ||
| 43 | $555.25 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 44 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 45 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/27/2020 | |
| 46 | $477.67 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/21/2020 | |
| 47 | $685.83 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 48 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 49 | $120.00 | Miscellaneous | Closing Notary, Copies, Mailing | 06/04/2021 | |
| 50 | $20,270.28 | Miscellaneous Profit | Closing funds from 25k sale | 06/08/2021 | |
| Overall ROI : 82.68 % ROI (2017) : 18.33% ROI (2018) : 62.07% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 2,288.28% |
Overall Profit/Loss: -$5,504.20 Profit/Loss (2017) : -$20,982.12 Profit/Loss (2018) : -$785.78 Profit/Loss (2019) : -$1,752.25 Profit/Loss (2020) : -$1,368.50 Profit/Loss (2021) : -$19,384.45 |
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.
