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) | 06/02/2017 |
| 2 | $7,222.00 | General Rehab Repairs | 06/02/2017 |
| 3 | $300.00 | Gas Line Repairs | 09/27/2017 |
| 4 | $3,500.00 | General Rehab Repairs | 09/27/2017 |
| 5 | $150.00 | Plumbing Repairs | 09/28/2017 |
| 6 | $600.00 | General Rehab Repairs | 12/08/2017 |
| 7 | $1,500.00 | General Rehab Repairs | 01/01/2018 |
| 8 | $800.00 | General Rehab Repairs | 02/23/2018 |
| 9 | $1,000.00 | Roof Repairs | 03/28/2018 |
| 10 | $1,663.71 | Electrical Repairs | 04/04/2019 |
| Purchase price : $16370 | Total Rehab Cost :$16,735.71 | All-In Property Cost : $33,105.71 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $2.94 | Arcana Insurance Payment | Arcana | 09/27/2017 | |
| 2 | $29.27 | Arcana Insurance Payment | Arcana | 09/27/2017 | |
| 3 | $30.24 | Arcana Insurance Payment | Arcana | 09/27/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana | 09/27/2017 | |
| 5 | $30.24 | Arcana Insurance Payment | Arcana | 09/27/2017 | |
| 6 | $30.24 | Arcana Insurance Payment | Arcana Insurance Feb | 09/27/2017 | |
| 7 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 09/27/2017 | |
| 8 | $30.24 | Arcana Insurance Payment | Arcana April | 09/27/2017 | |
| 9 | $29.27 | Arcana Insurance Payment | Arcana May | 09/27/2017 | |
| 10 | $16,370.00 | Property Purchase Price (including Closing Costs) | Total Purchase Price ($12,200) with closing costs and rehab | 06/02/2017 | |
| 11 | $7,222.00 | General Rehab Repairs | 06/02/2017 | ||
| 12 | $114.04 | County Taxes | 2016 | 09/27/2017 | |
| 13 | $300.00 | Gas Line Repairs | Gas connect at street | 09/27/2017 | |
| 14 | $200.00 | Miscellaneous | Water turn on - City Management - taken out of Rent | 06/29/2017 | |
| 15 | $3,500.00 | General Rehab Repairs | Scott Schulman contractor fixing items at house for livability that Albert's crew did not do from the past (total is $3,500 - $2,000 paid 7/21) *$1,500 paid 9/14 ($500 Scott, $1,000 Cornelius) | 09/27/2017 | |
| 16 | $865.96 | County Taxes | 2017 | 09/27/2017 | |
| 17 | $118.68 | Arcana Insurance Payment | May, June, July | 09/27/2017 | |
| 18 | $356.04 | Arcana Insurance Payment | Arcana 8/29/17 to 8/29/18 | 09/27/2017 | |
| 19 | $150.00 | Plumbing Repairs | Snake / line cut | 09/28/2017 | |
| 20 | $600.00 | General Rehab Repairs | Cornelius - $1,200 for final rent ready repairs - $600 paid 12/7 | 12/08/2017 | |
| 21 | $1,500.00 | General Rehab Repairs | Final rehab repairs ($2,000 approved) - Anthony Sharp - $1,500 paid 1/1 | 01/01/2018 | |
| 22 | $1,269.00 | Rent | Dec 2017 and Jan 2018 Rent | 01/23/2018 | |
| 23 | $500.00 | Lawncare | Trim tree limbs from power lines - 6 trees | 01/27/2018 | |
| 24 | $75.86 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 25 | $634.50 | Rent | Feb 2018 Rent | 02/19/2018 | |
| 26 | $800.00 | General Rehab Repairs | $1000 approved for Anthony Sharp. $800 paid 2/22 | 02/23/2018 | |
| 27 | $282.00 | Rent | March Rent 2018 (Partial payment) | 03/23/2018 | |
| 28 | $1,000.00 | Roof Repairs | Anthony Sharp paid $1000 3/27 | 03/28/2018 | |
| 29 | $423.00 | Rent | April rent paid partial - $450 minus $27 management | 04/25/2018 | |
| 30 | $20.00 | Eviction Expenses | 7 day notice | 05/12/2018 | |
| 31 | $81.92 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 32 | $20.00 | Eviction Expenses | 7 day notice | 07/27/2018 | |
| 33 | $868.83 | City Taxes | City of Detroit | 08/13/2018 | |
| 34 | $1,903.50 | Rent | June, July, Aug 2018 Rent - $2025 minus management | 09/25/2018 | |
| 35 | $356.04 | Arcana Insurance Payment | 2018 Arcana Insurance Annual renewal | 10/18/2018 | |
| 36 | $634.50 | Rent | $675 minus $40.50 management fee | 10/30/2018 | |
| 37 | $634.50 | Rent | $675-$40.50 = $634.50 management fee | 11/29/2018 | |
| 38 | $20.00 | Eviction Expenses | 7 day notice | 12/11/2018 | |
| 39 | $77.42 | City Taxes | Detroit Winter Taxes 2019 | 01/27/2019 | |
| 40 | $634.50 | Rent | $675 - $40.50 mgmt fee = $634.50 | 02/01/2019 | |
| 41 | $289.52 | Rent | $308 - $18.48 mgmt fee = $289.52 | 02/19/2019 | |
| 42 | $1,483.64 | Water Bill | DWSD | 03/28/2019 | |
| 43 | $634.50 | Rent | $675 - $40.50 mgmt fee = $634.50 | 04/03/2019 | |
| 44 | $1,663.71 | Electrical Repairs | Breaker and wiring repair | 04/04/2019 | |
| 45 | $200.00 | Miscellaneous | Contact ins. co & reviewed to emails | 05/31/2019 | |
| 46 | $568.70 | Rent | $605 - $36.30 = $568.70 (May) | 07/29/2019 | |
| 47 | $634.50 | Rent | $675 - $40.50 mgmt fee = $634.50 (July) | 07/31/2019 | |
| 48 | $450.42 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 49 | $940.00 | Rent | $1000 - $60 mgmt fee = $940 | 01/06/2020 | |
| 50 | $529.68 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 51 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/11/2020 | |
| 52 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/27/2020 | |
| 53 | $634.50 | Rent | Positive Feb 2020 rent | 03/09/2020 | |
| 54 | $634.50 | Rent | $675 - $40.50 mgmt fee = $634.50 | 03/27/2020 | |
| 55 | $1,269.00 | Rent | $1350 - $81 mgmt fee = $1269 | 06/29/2020 | |
| 56 | $634.50 | Rent | $675 - $40.50 mgmt fee = $634.50 | 07/28/2020 | |
| 57 | $913.31 | City Taxes | Detroit City Taxes 2020 paid in DivDat because parcel # didn't convert in AA | 08/11/2020 | |
| 58 | $634.50 | Rent | $675 - $40.50 mgmt fee = $634.50 Aug 2020 rent | 09/02/2020 | |
| 59 | $153.17 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 60 | $547.55 | County Taxes | 2021 Summer Tax | 07/08/2021 | |
| 61 | $672.51 | County Taxes | Taxes Second installment | 12/13/2021 | |
| 62 | $634.50 | Rent | $675 rent paid minus $40.50 management fee | 04/04/2022 | |
| 63 | $634.50 | Rent | $675 rent paid minus $40.50 management fee | 05/04/2022 | |
| 64 | $390.10 | Rent | $415 rent paid minus $24.90 management fee | 06/03/2022 | |
| 65 | $634.50 | Rent | $675 rent paid minus $40.50 management fee | 07/08/2022 | |
| 66 | $160.00 | Miscellaneous | Notary and overnight | 08/09/2022 | |
| 67 | $350.00 | Miscellaneous | TC and Underwriting fee | 08/09/2022 | |
| 68 | $1,250.00 | Miscellaneous | Buyer side commission | 08/09/2022 | |
| 69 | $1,256.67 | Miscellaneous | Seller funds to close. $28,482 spent and land contract for 40k closed | 08/09/2022 | |
| 70 | $1,123.38 | County Taxes | 08/15/2022 | ||
| 71 | $320.39 | Rent | Mortgage payment 9/8/22 | 12/16/2022 | |
| 72 | $390.39 | Rent | Mortgage payment 10/8/22 | 12/16/2022 | |
| 73 | $435.00 | Rent | Mortgage payment 11/8/22 | 12/16/2022 | |
| 74 | $435.00 | Rent | Mortgage payment 12/8/22 | 01/23/2023 | |
| 75 | $435.00 | Rent | Mortgage payment 1/8/23 | 02/23/2023 | |
| 76 | $435.39 | Rent | 2/8/23 | 03/23/2023 | |
| 77 | $437.32 | Rent | Mortgage payment 3/8/23 | 04/17/2023 | |
| 78 | $936.15 | Miscellaneous Profit | Disbursement from Alliance Title | 05/28/2023 | |
| 79 | $434.64 | Rent | Mortgage payment 4/8/23 | 06/08/2023 | |
| 80 | $936.15 | Rent | Mortgage payment | 07/24/2023 | |
| 81 | $463.92 | Rent | Mortgage payment 7/8/23 | 07/24/2023 | |
| 82 | $454.64 | Rent | Mortgage payment 8/8/23 | 08/21/2023 | |
| 83 | $512.36 | Rent | Escrow Adv Repayment | 10/20/2023 | |
| 84 | $435.00 | Rent | Mortgage payment 9/8/23 | 10/20/2023 | |
| 85 | $479.82 | Rent | Mortgage payment 10/8/23 | 10/20/2023 | |
| 86 | $454.82 | Rent | Mortgage payment 11/8/23 | 12/04/2023 | |
| 87 | $73.58 | Rent | Escrow repayment | 12/04/2023 | |
| 88 | $453.82 | Rent | Mortgage payment 12/8/23 | 12/20/2023 | |
| 89 | $454.82 | Rent | Mortgage payment 1/8/24 | 01/23/2024 | |
| 90 | $454.82 | Rent | Mortgage payment 2/8/24 | 02/15/2024 | |
| 91 | $454.82 | Rent | Mortgage payment 3/8/24 | 03/26/2024 | |
| 92 | $454.82 | Rent | Mortgage payment 4/8/24 | 04/29/2024 | |
| 93 | $454.82 | Rent | Mortgage payment 5/8/24 | 06/10/2024 | |
| 94 | $454.82 | Rent | Mortgage payment 6/8/24 | 06/24/2024 | |
| 95 | $454.82 | Rent | Mortgage payment 7/8/24 | 07/23/2024 | |
| 96 | $454.82 | Rent | Mortgage payment 8/8/24 | 08/22/2024 | |
| 97 | $870.00 | Rent | Mortgage payment 9/8/24 and 10/8/24 | 12/05/2024 | |
| 98 | $435.00 | Rent | Mortgage payments 11/8/24 | 12/24/2024 | |
| 99 | $504.52 | Rent | Mortgage payment 12/8/24 | 12/24/2024 | |
| 100 | $481.00 | Rent | Mortgage payment 1/8/25 | 02/10/2025 | |
| 101 | $456.01 | Rent | mortgage payment 3/8/25 | 04/30/2025 | |
| 102 | $435.00 | Rent | mortgage payment 2/8/25 | 04/30/2025 | |
| 103 | $939.01 | Rent | Mortgage payment 4/8/25 and 5/8/25 | 05/22/2025 | |
| 104 | $1,860.64 | Rent | Mortgage payment 6/8/25 to 9/8/25 | 09/22/2025 | |
| 105 | $455.00 | Rent | Mortgage payment 10/8/25 | 11/07/2025 | |
| 106 | $435.00 | Rent | Mortgage payment 11/8/25 | 01/20/2026 | |
| 107 | $883.03 | Rent | Mortgage payment 1/8/26 | 01/28/2026 | |
| 108 | $1,010.00 | Rent | Mortgage payments Feb and March 2026 | 03/20/2026 | |
| Overall ROI : 78.61 % ROI (2017) : 0.00% ROI (2018) : 110.27% ROI (2019) : 71.27% ROI (2020) : 266.90% ROI (2021) : 0.00% ROI (2022) : 83.08% ROI (2023) : inf% ROI (2024) : inf% ROI (2025) : inf% ROI (2026) : inf% |
Overall Profit/Loss: -$9,935.94 Profit/Loss (2017) : -$30,035.73 Profit/Loss (2018) : -$538.35 Profit/Loss (2019) : -$1,113.47 Profit/Loss (2020) : -$2,968.43 Profit/Loss (2021) : -$1,373.23 Profit/Loss (2022) : -$700.67 Profit/Loss (2023) : -$7,377.61 Profit/Loss (2024) : -$5,448.08 Profit/Loss (2025) : -$4,626.66 Profit/Loss (2026) : -$2,328.03 |
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.
