Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $310.00 | Water Heater Repairs | 06/28/2017 |
| 2 | $7,222.00 | General Rehab Repairs | 06/02/2017 |
| 3 | $2,575.00 | General Rehab Repairs | 09/27/2017 |
| 4 | $3,225.00 | General Rehab Repairs | 06/08/2018 |
| 5 | $3,500.00 | General Rehab Repairs | 10/21/2018 |
| 6 | $3,090.00 | General Rehab Repairs | 08/28/2020 |
| Purchase price : $0 | Total Rehab Cost :$19,922.00 | All-In Property Cost : $19,922.00 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $900.00 | Lawncare | Removal of brush for blight reasons | 06/28/2017 | |
| 2 | $16,370.00 | Final Funds (Purchase) | Total Purchase Price ($12,200) with closing costs and rehab | 06/02/2017 | |
| 3 | $2.94 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 5 | $30.24 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 6 | $29.27 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 7 | $30.24 | Arcana Insurance Payment | Arcana | 06/28/2017 | |
| 8 | $300.00 | Gas Bill | Gas turn on fee (confirmation 326546126) | 06/28/2017 | |
| 9 | $675.00 | Rent | Deposit received | 06/27/2017 | |
| 10 | $150.00 | Water Bill | Water turn on | 06/28/2017 | |
| 11 | $20.00 | Waste Bill | Garbage can | 06/28/2017 | |
| 12 | $30.24 | Arcana Insurance Payment | Arcana Insurance Feb | 06/28/2017 | |
| 13 | $850.00 | Waste Bill | Waste management | 06/28/2017 | |
| 14 | $310.00 | Water Heater Repairs | Rick water repairs | 06/28/2017 | |
| 15 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 06/28/2017 | |
| 16 | $30.24 | Arcana Insurance Payment | Arcana April | 06/28/2017 | |
| 17 | $29.27 | Arcana Insurance Payment | Arcana May | 06/28/2017 | |
| 18 | $7,222.00 | General Rehab Repairs | 06/02/2017 | ||
| 19 | $45.95 | County Taxes | 2016 | 06/28/2017 | |
| 20 | $175.00 | Eviction Expenses | City Management - taken out of Rent | 06/29/2017 | |
| 21 | $2,575.00 | General Rehab Repairs | $2,575 total bid approved for Scott Schulman to complete. $1,500 paid on 7/31 *$1,075 paid 9/2 | 09/27/2017 | |
| 22 | $89.01 | Arcana Insurance Payment | June, July, August Arcana | 09/27/2017 | |
| 23 | $356.04 | Arcana Insurance Payment | Arcana 2017 Renewal | 09/27/2017 | |
| 24 | $959.87 | County Taxes | 2017 | 09/27/2017 | |
| 25 | $118.68 | Arcana Insurance Payment | June, July, Aug 2017 | 09/27/2017 | |
| 26 | $356.04 | Arcana Insurance Payment | 8/29/17 to 8/29/18 | 09/27/2017 | |
| 27 | $946.50 | Rent | Nov. 2017 | 11/12/2017 | |
| 28 | $87.24 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 29 | $470.00 | Rent | March Rent 2018 - $500 - $30 = $470 (partial payment - payment arrangement set) | 03/23/2018 | |
| 30 | $20.00 | Eviction Expenses | 7 Day notice | 04/15/2018 | |
| 31 | $3,225.00 | General Rehab Repairs | 06/08/2018 | ||
| 32 | $1,410.00 | Rent | April and May 2018 Rent minus $90 management fee | 06/22/2018 | |
| 33 | $94.22 | City Taxes | Detroit city taxes 2017 | 06/23/2018 | |
| 34 | $963.14 | City Taxes | City of Detroit | 08/14/2018 | |
| 35 | $60.00 | Lawncare | 09/24/2018 | ||
| 36 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/18/2018 | |
| 37 | $3,500.00 | General Rehab Repairs | Final repairs for land contract sale. Paid Sharp on 10/20 $3500 | 10/21/2018 | |
| 38 | $60.00 | Lawncare | 11/14/2018 | ||
| 39 | $60.00 | Lawncare | 12/11/2018 | ||
| 40 | $89.04 | City Taxes | Detroit Winter Taxes 2019 | 01/16/2019 | |
| 41 | $70.00 | Snow Removal | 02/22/2019 | ||
| 42 | $823.39 | Electricity Bill | DWSD | 03/06/2019 | |
| 43 | $140.86 | Electricity Bill | DWSD | 03/25/2019 | |
| 44 | $65.00 | Lawncare | 04/01/2019 | ||
| 45 | $60.00 | Lawncare | 05/06/2019 | ||
| 46 | $60.00 | Lawncare | 06/03/2019 | ||
| 47 | $14.26 | Electricity Bill | DWSD | 06/20/2019 | |
| 48 | $440.45 | Water Bill | DWSD | 07/18/2019 | |
| 49 | $29.20 | Water Bill | DWSD | 08/12/2019 | |
| 50 | $499.95 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 51 | $100.00 | Lawncare | lawncare and curb appeal | 09/18/2019 | |
| 52 | $591.13 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 53 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 54 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/27/2020 | |
| 55 | $507.16 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/15/2020 | |
| 56 | $3,090.00 | General Rehab Repairs | $3,090 approved for final rehab to list. $1,545 paid Tyson on 8/28/20, Tyson paid $1545 on 9/1/20 | 08/28/2020 | |
| 57 | $150.00 | Miscellaneous | Aug, Sept, Oct 2020 Frontpoint Alarm | 10/14/2020 | |
| 58 | $342.12 | Miscellaneous Profit | Land contract sale for $50,000. $43,026.76 spent at contract. | 10/21/2020 | |
| 59 | $120.00 | Miscellaneous | Closing notary and printing | 10/21/2020 | |
| 60 | $350.00 | Miscellaneous | TC fee | 10/29/2020 | |
| 61 | $1,250.00 | Miscellaneous | Buyer agent commission | 10/29/2020 | |
| 62 | $456.31 | Rent | Mortgage payment 11/21/20 | 03/15/2021 | |
| 63 | $526.31 | Rent | Mortgage payment 3/21/21 | 05/18/2021 | |
| 64 | $538.81 | Rent | Mortgage payment 4/21/21 | 11/08/2021 | |
| 65 | $191.12 | Miscellaneous | RHMS land contract insurance | 01/26/2022 | |
| 66 | $541.31 | Rent | Mortgage payment 5/21/21 | 02/22/2022 | |
| 67 | $541.31 | Rent | Mortgage payment 6/21/21 | 06/27/2022 | |
| 68 | $150.00 | Miscellaneous | HAP assistance servicing fee | 07/27/2022 | |
| 69 | $541.31 | Rent | Mortgage payment 6/21/21 | 11/04/2023 | |
| 70 | $541.31 | Rent | Mortgage payment 11/21/22 | 01/30/2024 | |
| 71 | $541.31 | Rent | Mortgage payment 12/21/22 | 04/10/2024 | |
| 72 | $541.31 | Rent | Mortgage payment 1/23/23 | 06/24/2024 | |
| 73 | $541.31 | Rent | Mortgage payment 3/21/23 | 09/12/2024 | |
| 74 | $541.31 | Rent | Mortgage payment 4/21/23 | 10/14/2024 | |
| 75 | $541.31 | Rent | Mortgage payment 5/21/23 | 10/25/2024 | |
| 76 | $541.31 | Rent | Mortgage payment 6/21/23 | 11/08/2024 | |
| 77 | $541.31 | Rent | Mortgage payment 7/21/23 | 12/05/2024 | |
| 78 | $541.31 | Rent | Mortgage payment 8/21/23 | 12/20/2024 | |
| 79 | $541.31 | Rent | Mortgage payment 9/21/23 | 01/06/2025 | |
| 80 | $621.55 | County Taxes | Tax Default Land Contract Payment for 2022 | 01/21/2025 | |
| 81 | $780.00 | Miscellaneous | Land Contract evictions with Issa Haddad | 02/13/2025 | |
| 82 | $541.31 | Rent | Mortgage payment 10/21/23 | 02/19/2025 | |
| 83 | $541.31 | Rent | Mortgage payment 11/21/23 | 03/20/2025 | |
| 84 | $1,082.62 | Rent | Mortgage payment 12/21/23 – 1/21/24 | 04/21/2025 | |
| 85 | $541.31 | Rent | Mortgage 2/21/24 | 05/13/2025 | |
| 86 | $541.31 | Rent | Mortgage payment 3/21/24 | 06/23/2025 | |
| 87 | $541.31 | Rent | Mortgage payment 4/21/24 | 07/22/2025 | |
| 88 | $541.31 | Rent | Mortgage payment 5/21/24 | 08/20/2025 | |
| 89 | $541.31 | Rent | Mortgage payment 6/21/24 | 09/12/2025 | |
| 90 | $541.31 | Rent | Mortgage payment 7/21/24 | 11/07/2025 | |
| 91 | $2,723.54 | County Taxes | 11/17/2025 | ||
| 92 | $541.31 | Rent | Mortgage payment 9/21/24 | 01/20/2026 | |
| 93 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| 94 | $1,082.62 | Rent | Mortgage payments 10/21/24 - 11/21/24 | 03/03/2026 | |
| 95 | $2,165.24 | Rent | Mortgage payments 12/24 - 3/25 | 03/26/2026 | |
| 96 | $1,658.93 | Rent | Mortgage payments 4/21/25 - 6/21/25 | 04/02/2026 | |
| Overall ROI : 44.08 % ROI (2017) : 5.22% ROI (2018) : 22.31% ROI (2019) : 0.00% ROI (2020) : 5.35% ROI (2021) : inf% ROI (2022) : 317.37% ROI (2023) : inf% ROI (2024) : inf% ROI (2025) : 144.35% ROI (2026) : 9,080.17% |
Overall Profit/Loss: -$29,511.19 Profit/Loss (2017) : -$29,415.10 Profit/Loss (2018) : -$6,545.64 Profit/Loss (2019) : -$2,392.15 Profit/Loss (2020) : -$6,051.75 Profit/Loss (2021) : -$1,521.43 Profit/Loss (2022) : -$741.50 Profit/Loss (2023) : -$541.31 Profit/Loss (2024) : -$4,871.79 Profit/Loss (2025) : -$1,829.32 Profit/Loss (2026) : -$5,388.10 |
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.
