Payment Split : 20% / 80%
Partnership Equity Split : 30% / 70%
| # | Expense Amount | Expense Type | Date added |
|---|---|---|---|
| 1 | $7,100.00 | Property Purchase Price | 09/25/2017 |
| 2 | $2,500.00 | General Rehab Repairs | 12/16/2017 |
| 3 | $2,500.00 | General Rehab Repairs | 01/04/2018 |
| 4 | $3,000.00 | General Rehab Repairs | 03/01/2018 |
| 5 | $710.84 | Electrical Repairs | 05/15/2018 |
| 6 | $1,000.00 | General Rehab Repairs | 08/24/2018 |
| 7 | $9,000.00 | General Rehab Repairs | 12/22/2020 |
| 8 | $550.00 | General Rehab Repairs | 06/26/2021 |
| Purchase price : $7100 | Total Rehab Cost :$19,260.84 | All-In Property Cost : $26,360.84 | |
| # | Expense Amount | Expense Type | Expense Note | Expense Document | Date added |
|---|---|---|---|---|---|
| 1 | $7,100.00 | Property Purchase Price | 09/25/2017 | ||
| 2 | $858.00 | County Taxes | Summer tax 2017 | 09/25/2017 | |
| 3 | $2,500.00 | General Rehab Repairs | $11,000 approved (Anthony Sharp) - $2,500 paid 12/15 | 12/16/2017 | |
| 4 | $2,500.00 | General Rehab Repairs | $2500 progress payment paid 1/3 to Anthony Sharp | 01/04/2018 | |
| 5 | $3,000.00 | General Rehab Repairs | $3000 paid Anthony Sharp on 2/28 | 03/01/2018 | |
| 6 | $100.00 | Setup Fee | 03/05/2018 | ||
| 7 | $50.00 | Utility Turn On | Power | 03/05/2018 | |
| 8 | $38.57 | Electricity Bill | 04/04/2018 | ||
| 9 | $710.84 | Electrical Repairs | 05/15/2018 | ||
| 10 | $15.91 | Electricity Bill | 07/02/2018 | ||
| 11 | $832.83 | City Taxes | City of Detroit | 08/20/2018 | |
| 12 | $30.69 | Electricity Bill | DTE Power bill | 08/22/2018 | |
| 13 | $1,000.00 | General Rehab Repairs | Sharp paid 8/22 | 08/24/2018 | |
| 14 | $14.19 | Electricity Bill | DTE | 09/19/2018 | |
| 15 | $9.25 | Electricity Bill | DTE | 10/11/2018 | |
| 16 | $9.41 | Electricity Bill | DTE bill | 11/13/2018 | |
| 17 | $73.01 | City Taxes | Detroit Winter Taxes 2019 | 01/29/2019 | |
| 18 | $18.65 | Electricity Bill | DTE | 02/12/2019 | |
| 19 | $70.00 | Snow Removal | 02/22/2019 | ||
| 20 | $9.40 | Electricity Bill | DWSD | 03/10/2019 | |
| 21 | $65.00 | Lawncare | 03/31/2019 | ||
| 22 | $18.63 | Electricity Bill | DTE | 04/15/2019 | |
| 23 | $60.00 | Lawncare | 05/05/2019 | ||
| 24 | $60.00 | Lawncare | 06/03/2019 | ||
| 25 | $431.45 | City Taxes | Autoagent 2019 taxes paid by ACH 1st 1/2 payment | 08/21/2019 | |
| 26 | $37.84 | Electricity Bill | DTE | 10/17/2019 | |
| 27 | $195.00 | Registration Fee | 11/18/2019 | ||
| 28 | $17.83 | Electricity Bill | DTE | 12/18/2019 | |
| 29 | $506.17 | City Taxes | 2nd 1/2 summer 2019 & winter 2020 taxes | 01/22/2020 | |
| 30 | $285.58 | Miscellaneous | Rami & Martin expenses | 02/06/2020 | |
| 31 | $18.85 | Electricity Bill | DTE | 02/19/2020 | |
| 32 | $50.00 | Inspection | Contractor bid, punchlist, inspection | 02/21/2020 | |
| 33 | $9.41 | Electricity Bill | DTE | 03/19/2020 | |
| 34 | $9.27 | Electricity Bill | DTE | 04/17/2020 | |
| 35 | $9.41 | Electricity Bill | DTE | 06/01/2020 | |
| 36 | $9.42 | Electricity Bill | DTE | 06/23/2020 | |
| 37 | $9.28 | Electricity Bill | DTE | 07/22/2020 | |
| 38 | $437.33 | City Taxes | 1st 1/2 summer city taxes 2020 AA | 08/24/2020 | |
| 39 | $18.87 | Electricity Bill | DTE online payment | 09/09/2020 | |
| 40 | $9.42 | Electricity Bill | DTE | 10/27/2020 | |
| 41 | $9.42 | Electricity Bill | DTE | 12/07/2020 | |
| 42 | $9,000.00 | General Rehab Repairs | $9,000 approved. Tyson paid $4,000 on 12/13/20 $2500 paid Tyson on 12/21/20. Tyson paid $2,500 on 12/23/20 | 12/22/2020 | |
| 43 | $175.00 | Inspection | Initial, partial, and completion inspections | 12/23/2020 | |
| 44 | $172.00 | Arcana Insurance Payment | partial insurance while listed | 01/21/2021 | |
| 45 | $631.32 | County Taxes | Winter and partial Summer taxes | 02/04/2021 | |
| 46 | $80.00 | Lawncare | March and April Lawncare | 05/05/2021 | |
| 47 | $80.00 | Lawncare | May and June Lawncare | 06/08/2021 | |
| 48 | $550.00 | General Rehab Repairs | Plumbing, exterior clean, new locks for tenant | 06/26/2021 | |
| 49 | $1,587.21 | Final Funds (Purchase) | Land contract final funds paid at closing | 10/07/2021 | |
| 50 | $145.00 | Miscellaneous | Notary, copies, and overnight | 10/12/2021 | |
| 51 | $689.11 | Final Funds (Purchase) | Additional funds to close, Title Connect mistake. Amount spent is $35,918.57 | 10/12/2021 | |
| 52 | $1,250.00 | Miscellaneous | Buyer side commission | 10/15/2021 | |
| 53 | $350.00 | Miscellaneous | TC and Underwriter Fee | 10/15/2021 | |
| 54 | $573.00 | Rent | Mortgage payment 2/4/22 | 09/12/2022 | |
| 55 | $2,299.14 | County Taxes | Tax Default Land Contract Payment for 2022 | 01/21/2025 | |
| 56 | $780.00 | Miscellaneous | Land Contract evictions with Issa Haddad | 02/13/2025 | |
| 57 | $2,991.05 | County Taxes | Delinquent taxes | 11/17/2025 | |
| 58 | $60.00 | Miscellaneous | Monthly FCI Servicing Fee | 03/02/2026 | |
| Overall ROI : 1.36 % ROI (2017) : 0.00% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 0.00% ROI (2021) : 0.00% ROI (2022) : inf% ROI (2025) : 0.00% ROI (2026) : 0.00% |
Overall Profit/Loss: -$41,475.76 Profit/Loss (2017) : -$10,458.00 Profit/Loss (2018) : -$8,311.69 Profit/Loss (2019) : -$1,056.81 Profit/Loss (2020) : -$10,557.43 Profit/Loss (2021) : -$5,534.64 Profit/Loss (2022) : -$573.00 Profit/Loss (2025) : -$6,070.19 Profit/Loss (2026) : -$60.00 |
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.
