Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $7,497.00 | Property Purchase Price | 08/05/2017 |
| 2 | $4,800.00 | General Rehab Repairs | 08/05/2017 |
| 3 | $6,000.00 | General Rehab Repairs | 09/27/2017 |
| 4 | $2,400.00 | General Rehab Repairs | 01/19/2018 |
| 5 | $500.00 | General Rehab Repairs | 08/24/2018 |
| 6 | $3,000.00 | General Rehab Repairs | 11/21/2018 |
| 7 | $1,500.00 | General Rehab Repairs | 12/17/2018 |
| Purchase price : $7497 | Total Rehab Cost :$18,200.00 | All-In Property Cost : $25,697.00 | |
| # | 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 | $7,497.00 | Property Purchase Price | 08/05/2017 | ||
| 6 | $164.58 | County Taxes | 2016 | 08/05/2017 | |
| 7 | $4,800.00 | General Rehab Repairs | Scott Schulman contractor assigned - $12,000 is total bid - paid 20% ($2,400) on 7/7 **Paid additional 20% ($2400) on 7/18 | 08/05/2017 | |
| 8 | $1,116.37 | County Taxes | 09/27/2017 | ||
| 9 | $6,000.00 | General Rehab Repairs | $4800 paid already, total paid is $10,800. | 09/27/2017 | |
| 10 | $100.00 | Setup Fee | 09/27/2017 | ||
| 11 | $150.00 | Lawncare | Initial Lawncare | 09/28/2017 | |
| 12 | $50.00 | Lawncare | 10/21/2017 | ||
| 13 | $300.00 | Utility Turn On | Gas Reconnection fee | 11/17/2017 | |
| 14 | $150.00 | Water Bill | Service start fee | 11/28/2017 | |
| 15 | $70.00 | Snow Removal | 12/22/2017 | ||
| 16 | $150.00 | Inspection | 12/22/2017 | ||
| 17 | $50.00 | Utility Turn On | Water | 12/22/2017 | |
| 18 | $2,400.00 | General Rehab Repairs | Scott Schulman final repairs | 01/19/2018 | |
| 19 | $70.00 | Snow Removal | 01/27/2018 | ||
| 20 | $356.04 | Miscellaneous | Arcana 2018 Renewal | 01/29/2018 | |
| 21 | $237.36 | Arcana Insurance Payment | 2017 Remainder | 01/29/2018 | |
| 22 | $210.00 | Snow Removal | 1/30, 2/6, 2/13 | 03/05/2018 | |
| 23 | $114.71 | City Taxes | Detroit city taxes 2017 | 06/25/2018 | |
| 24 | $1,120.39 | City Taxes | City of Detroit | 08/13/2018 | |
| 25 | $500.00 | General Rehab Repairs | Sharp paid 8/22 for exterior only compliance | 08/24/2018 | |
| 26 | $3,000.00 | General Rehab Repairs | Final purchase repairs - paid $3,000 Anthony on 11/20 | 11/21/2018 | |
| 27 | $50.00 | Utility Turn On | electric turn on | 12/11/2018 | |
| 28 | $1,500.00 | General Rehab Repairs | Roof replacement - discounted | 12/17/2018 | |
| 29 | $97.85 | Miscellaneous | Notary and overnight wire of closing docs | 12/22/2018 | |
| 30 | $1,357.08 | Miscellaneous Profit | Land Sale Transaction - remainder of Down Payment - closed on 12/21/18 - Total Amount spent at LC close - $28,998.67 | 01/05/2019 | |
| 31 | $70.00 | Snow Removal | 02/20/2019 | ||
| 32 | $100.00 | Utility Turn On | Water & Power Utility Turn on | 02/22/2019 | |
| 33 | $615.00 | Rent | LC Mortgage payment Jan 2019 | 03/09/2019 | |
| 34 | $685.00 | Rent | LC Mortgage payment Feb 2019 | 03/14/2019 | |
| 35 | $150.00 | Miscellaneous | Water Transfer Fees | 04/03/2019 | |
| 36 | $200.00 | Utility Turn On | water turn on | 04/18/2019 | |
| 37 | $685.00 | Rent | Mortgage paymant - March 2019 | 04/19/2019 | |
| 38 | $685.00 | Rent | April 2019 Mortgage Payment | 05/15/2019 | |
| 39 | $200.00 | Registration Fee | Vacant registration inspection fees | 05/31/2019 | |
| 40 | $350.00 | Registration Fee | Rental registration fee | 05/31/2019 | |
| 41 | $685.00 | Rent | May 2019 | 06/13/2019 | |
| 42 | $5.64 | Electricity Bill | DTE | 07/18/2019 | |
| 43 | $643.90 | Rent | $685 - $41.10 mgmt fee = $643.90 (May) | 07/29/2019 | |
| 44 | $100.00 | Lawncare | lawncare and curb appeal | 09/17/2019 | |
| 45 | $685.00 | Rent | Sept 2019 Mortgage payment | 09/30/2019 | |
| 46 | $685.00 | Rent | Servicing payment 10/1/19 | 10/21/2019 | |
| 47 | $685.00 | Rent | July Mortgage back payment | 11/12/2019 | |
| 48 | $685.00 | Rent | 11/1/19 Mortgage payment | 11/18/2019 | |
| 49 | $685.00 | Miscellaneous Profit | Mortgage payment 12/6/19 | 12/16/2019 | |
| 50 | $685.00 | Rent | 1/1/20 Mortgage payment | 01/20/2020 | |
| 51 | $685.00 | Rent | Mortgage payment - 2/1/2020 | 02/18/2020 | |
| 52 | $685.00 | Rent | Mortgage payment - 2/1/2020 | 02/18/2020 | |
| 53 | $685.00 | Rent | 3/1/20 Mortgage Payment | 03/18/2020 | |
| 54 | $685.00 | Rent | Mortgage payment 4/1/20 | 04/20/2020 | |
| 55 | $685.00 | Rent | Mortgage payment 5/1/20 | 05/15/2020 | |
| 56 | $685.00 | Rent | Mortgage 6/1/20 | 06/22/2020 | |
| 57 | $685.00 | Rent | Mortgage payment 7/1/20 | 07/20/2020 | |
| 58 | $685.00 | Rent | Mortgage payment 8/1/20 | 08/17/2020 | |
| 59 | $685.00 | Rent | Mortgage payment 9/1/20 | 09/21/2020 | |
| 60 | $685.00 | Rent | Mortgage payment 10/1/20 | 10/19/2020 | |
| 61 | $685.00 | Rent | Mortgage payment 11/1/20 | 11/18/2020 | |
| 62 | $685.00 | Rent | Mortgage payment 12/1/20 | 12/21/2020 | |
| 63 | $685.00 | Rent | Mortgage payment 1/1/21 | 01/19/2021 | |
| 64 | $685.00 | Rent | 2/1/21 | 02/24/2021 | |
| 65 | $685.00 | Rent | Mortgage payment 3/1/21 | 03/22/2021 | |
| 66 | $685.00 | Rent | Mortgage payment 4/1/21 | 04/20/2021 | |
| 67 | $685.00 | Rent | Mortgage payment 5/1/21 | 05/18/2021 | |
| 68 | $685.00 | Rent | Mortgage payment - 6/1/21 | 06/29/2021 | |
| 69 | $685.00 | Rent | Mortgage payment 7/1/21 | 07/19/2021 | |
| 70 | $517.08 | Rent | Mortgage payment 8/1/21 | 08/24/2021 | |
| 71 | $685.00 | Rent | Mortgage payment 10/1/21 | 10/18/2021 | |
| 72 | $685.00 | Rent | Mortgage payment 11/1/21 | 11/22/2021 | |
| 73 | $685.00 | Rent | Mortgage payment 1/1/22 | 01/14/2022 | |
| 74 | $191.12 | Miscellaneous | RHMS land contract insurance | 01/26/2022 | |
| 75 | $685.00 | Rent | Mortgage payment 2/1/22 | 02/22/2022 | |
| 76 | $685.00 | Rent | Mortgage payment 3/1/22 | 03/21/2022 | |
| 77 | $685.00 | Rent | Mortgage payment 5/1/22 | 05/23/2022 | |
| 78 | $685.00 | Rent | Mortgage payment 6/1/22 | 06/20/2022 | |
| 79 | $685.00 | Rent | Mortgage payment 7/1/22 | 07/25/2022 | |
| 80 | $685.00 | Rent | Mortgage payment 8/1/22 | 08/26/2022 | |
| 81 | $685.00 | Rent | Mortgage payment 9/1/22 | 09/26/2022 | |
| 82 | $685.00 | Rent | Mortgage payment 10/1/22 | 10/19/2022 | |
| 83 | $685.00 | Rent | Mortgage payment 11/1/22 | 12/16/2022 | |
| 84 | $685.00 | Rent | Mortgage payment 12/1/22 | 12/16/2022 | |
| 85 | $685.00 | Rent | Mortgage payment 1/1/23 | 01/23/2023 | |
| 86 | $685.00 | Rent | Mortgage payment 2/1/23 | 02/23/2023 | |
| 87 | $685.00 | Rent | 3/1/23 | 03/23/2023 | |
| 88 | $685.00 | Rent | Mortgage payment 5/1/23 | 06/08/2023 | |
| 89 | $685.00 | Rent | Mortgage payment 6/1/23 | 06/26/2023 | |
| 90 | $685.00 | Rent | Mortgage payment 8/1/23 | 08/21/2023 | |
| 91 | $1,370.00 | Rent | Mortgage payment 12/1/21 and 4/1/22 | 08/09/2025 | |
| Overall ROI : 117.84 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 746.91% ROI (2020) : inf% ROI (2021) : inf% ROI (2022) : 3,942.55% ROI (2023) : inf% ROI (2025) : inf% |
Overall Profit/Loss: -$5,660.55 Profit/Loss (2017) : -$20,699.40 Profit/Loss (2018) : -$9,656.35 Profit/Loss (2019) : -$7,605.34 Profit/Loss (2020) : -$8,905.00 Profit/Loss (2021) : -$6,682.08 Profit/Loss (2022) : -$7,343.88 Profit/Loss (2023) : -$4,110.00 Profit/Loss (2025) : -$1,370.00 |
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.
