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9168 WARD DETROIT MI 48228

Partnership Splits

Payment Split : 0% / 100%

Partnership Equity Split : 0% / 100%

Purchase Price + Rehab

# Expense Amount Expense Type Date added
1 $6,203.52 EMD (Deposit) Payment 05/24/2017
2 $300.00 Gas Line Repairs 05/24/2017
3 $500.00 General Rehab Repairs 05/24/2017
4 $7,000.00 General Rehab Repairs 08/28/2017
Purchase price : $6203.52 Total Rehab Cost :$7,800.00 All-In Property Cost : $14,003.52

Property Progress Images

All Property Expenses

# Expense Amount Expense Type Expense Note Expense Document Date added
1 $6,203.52 EMD (Deposit) Payment $2500 EMD sent 9/28 **$3,803.52 final funds paid 10/26 05/24/2017
2 $300.00 Gas Line Repairs #323508566 Confirmation Turn ON Power/Gas 05/24/2017
3 $29.01 Arcana Insurance Payment Arcana 05/24/2017
4 $33.31 Arcana Insurance Payment Arcana Insurance Feb 05/24/2017
5 $300.00 Gas Bill Gas connect 05/24/2017
6 $150.00 Water Bill Water turn on 05/24/2017
7 $30.08 Arcana Insurance Payment Arcana March 2017 05/24/2017
8 $33.31 Arcana Insurance Payment Arcana April 05/24/2017
9 $28.16 Electricity Bill DTE utility 05/24/2017
10 $15.61 Electricity Bill DTE utility 05/24/2017
11 $3.38 Electricity Bill DTE utility 05/24/2017
12 $725.00 Rent Security deposit 05/24/2017
13 $500.00 General Rehab Repairs Snake and Drywall (3/25 and 3/26) 05/24/2017
14 $7,000.00 General Rehab Repairs Raheem direct $7,000 - $2,500 paid 12/14 $1,000 paid 1/15 $3500 final payment paid 2/13 08/28/2017
15 $32.24 Arcana Insurance Payment Arcana May 05/24/2017
16 $129.22 County Taxes 2016 06/09/2017
17 $175.00 Eviction Expenses 06/29/2017
18 $1,022.47 County Taxes 2017 08/17/2017
19 $392.16 Miscellaneous Arcana 2018 Renewal 01/29/2018
20 $163.40 Arcana Insurance Payment 2017 Remainder 01/29/2018
21 $94.82 County Taxes 2017 Winter Tax 02/02/2018
22 $102.40 City Taxes Detroit city taxes 2017 06/25/2018
23 $940.61 City Taxes City of Detroit 09/04/2018
24 $392.16 Arcana Insurance Payment 2018 Arcana Annual Insurance Renewal 10/19/2018
25 $392.16 Arcana Insurance Payment 2018 Arcana Insurance Annual renewal 12/03/2018
26 $86.27 City Taxes Detroit Winter Taxes 2019 01/29/2019
27 $488.10 City Taxes Autoagent 2019 taxes paid by ACH 1st 1/2 payment 08/20/2019
28 $576.44 City Taxes 2nd 1/2 summer 2019 & winter 2020 taxes 01/21/2020
29 $1,500.00 Rent $750 Rent plus $750 deposit 08/14/2020
30 $750.00 Miscellaneous $750 one month commission to Sheneelia 08/14/2020
31 $495.10 City Taxes 1st 1/2 summer city taxes 2020 AA 08/24/2020
32 $750.00 Rent $750 rent 10/29/2020
33 $750.00 Rent Nov 2020 rent 12/11/2020
34 $500.00 Rent 12/30/2020
35 $709.35 County Taxes Winter and partial Summer taxes 02/04/2021
36 $772.00 Rent Feb 2021 Rent 02/25/2021
37 $152.00 Rent Rent paid March 2021 03/29/2021
38 $772.00 Rent April 2021 rent 04/27/2021
39 $772.00 Rent May 2021 Rent 05/31/2021
40 $772.00 Rent June 2021 Rent 06/29/2021
41 $750.00 Rent July 2021 rent 07/28/2021
42 $1,355.71 Final Funds (Purchase) 47,500 land contract closing 11/24/2021
43 $2,620.80 County Taxes Tax Default Land Contract Payment for 2022 01/21/2025
Overall ROI : 32.16 %
ROI (2017) : 4.54% ROI (2018) : 0.00% ROI (2019) : 0.00% ROI (2020) : 192.15% ROI (2021) : 193.21% ROI (2025) : 0.00%
Overall Profit/Loss: -$17,329.79
Profit/Loss (2017) : -$15,260.31 Profit/Loss (2018) : -$2,477.71 Profit/Loss (2019) : -$574.37 Profit/Loss (2020) : -$1,678.46 Profit/Loss (2021) : -$1,924.94 Profit/Loss (2025) : -$2,620.80
Total Admin Owed : $17,711.17
Total Client Owed : $0.00
Total Owed : $17,711.17

Map Location

Turning Affordable Property Investments into Sustainable Passive Income Production

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.