Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $5,890.00 | Property Purchase Price | 08/05/2017 |
| 2 | $8,228.40 | General Rehab Repairs | 08/05/2017 |
| 3 | $2,000.00 | General Rehab Repairs | 09/22/2017 |
| 4 | $3,000.00 | Roof Repairs | 09/22/2017 |
| 5 | $3,000.00 | Roof Repairs | 11/08/2017 |
| 6 | $2,400.00 | General Rehab Repairs | 01/19/2018 |
| 7 | $5,000.00 | General Rehab Repairs | 09/26/2018 |
| Purchase price : $5890 | Total Rehab Cost :$23,628.40 | All-In Property Cost : $29,518.40 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $14.64 | Arcana Insurance Payment | Arcana Insurance Feb | 08/05/2017 | |
| 2 | $27.30 | Arcana Insurance Payment | Arcana March 2017 | 08/05/2017 | |
| 3 | $30.24 | Arcana Insurance Payment | Arcana April | 08/05/2017 | |
| 4 | $29.27 | Arcana Insurance Payment | Arcana May | 08/05/2017 | |
| 5 | $5,890.00 | Property Purchase Price | 08/05/2017 | ||
| 6 | $189.00 | County Taxes | 08/05/2017 | ||
| 7 | $8,228.40 | General Rehab Repairs | Gund bid of $11,057 - 20% paid ($1,911.40) on 6/12 **$3,317 paid (6/24) **$500 paid 7/20 **$2,500 paid 7/30 | 08/05/2017 | |
| 8 | $25.00 | Utility Turn On | 08/05/2017 | ||
| 9 | $779.90 | County Taxes | 08/05/2017 | ||
| 10 | $2,000.00 | General Rehab Repairs | Progress payment 8/8 *Progress payment $1,000 on 9/9 | 09/22/2017 | |
| 11 | $3,000.00 | Roof Repairs | $6,000 total bid for roof repair - 27 squares - **$3,000 paid 9/13 | 09/22/2017 | |
| 12 | $3,000.00 | Roof Repairs | $2,000 paid 9/22, remaining $1,000 paid 10/3 | 11/08/2017 | |
| 13 | $150.00 | Inspection | 12/22/2017 | ||
| 14 | $100.00 | Setup Fee | 12/22/2017 | ||
| 15 | $75.00 | Utility Turn On | Gas, Power reconnect | 12/22/2017 | |
| 16 | $2,400.00 | General Rehab Repairs | 01/19/2018 | ||
| 17 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 18 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 19 | $65.41 | County Taxes | 2017 Winter Tax | 02/02/2018 | |
| 20 | $17.62 | Electricity Bill | 03/07/2018 | ||
| 21 | $27.20 | Electricity Bill | DTE | 05/16/2018 | |
| 22 | $70.65 | City Taxes | Detroit city taxes 2017 | 06/26/2018 | |
| 23 | $782.29 | City Taxes | City of Detroit | 08/19/2018 | |
| 24 | $26.43 | Electricity Bill | DTE | 09/19/2018 | |
| 25 | $5,000.00 | General Rehab Repairs | Final Sec. 8 repairs - large house | 09/26/2018 | |
| 26 | $60.00 | Lawncare | 09/26/2018 | ||
| 27 | $26.43 | Electricity Bill | DTE bill | 11/13/2018 | |
| 28 | $60.00 | Lawncare | 12/11/2018 | ||
| 29 | $66.76 | City Taxes | Detroit Winter Taxes 2019 | 01/31/2019 | |
| 30 | $70.00 | Snow Removal | 02/20/2019 | ||
| 31 | $28.48 | Electricity Bill | DTE | 03/08/2019 | |
| 32 | $65.00 | Lawncare | 03/29/2019 | ||
| 33 | $150.00 | Miscellaneous | Water Transfer Fee | 04/03/2019 | |
| 34 | $43.76 | Electricity Bill | DTE | 04/15/2019 | |
| 35 | $300.00 | Utility Turn On | Electric & gas & water turn on | 04/18/2019 | |
| 36 | $60.00 | Lawncare | 05/05/2019 | ||
| 37 | $60.00 | Lawncare | 06/03/2019 | ||
| 38 | $75.00 | Miscellaneous | Notary closing | 06/06/2019 | |
| 39 | $48.87 | Electricity Bill | DTE | 07/18/2019 | |
| 40 | $404.94 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/20/2019 | |
| Overall ROI : 0.00 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% |
Overall Profit/Loss: -$34,040.99 Profit/Loss (2017) : -$23,538.75 Profit/Loss (2018) : -$9,129.43 Profit/Loss (2019) : -$1,372.81 |
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.
