RENOVATION BUDGET AND SCOPE

Borrower : Shikha Gandhi

Loan # :
Property Address : 5345 S Brookwater Cv 38125 SINGLE PROPERTY USE
Property Sq. Ft : 2400 sq ft 28.10.2022
General Contractor : Wensen Mejia
Phone : (901) 230-7115
Number of Units being Renovated
DEPOSIT ACCOUNT INFO
Name On Account : CG Dreamworks LLC Full Renovation budget Amount $85,000.00

Routing Number : 321180379 Requested Financed Renovation AMT $85,000.00 100.00%

Account Number : 9345840012

*REQUIRED* *REQUIRED* Estimated Line Item Financed

Construction Plan
Information Needed (See Sample Tab for Clarification) Detailed Description TOTAL Costs Amount

Provide overall scope of intended work and specify and Repair damaged walls and ceiling before painting house and garage
amount needed for plans and engineering Repair molding of exterior doors
Repair siding
1 Plans/Engineering $ 3,500.00 3,500.00

N/A N/A
2 Permits $ -
Demolition of bathroom flooring and walls around shower, kitchen flooring, leaking roof, wet plywood underneath
List Areas to be demo'd roof, wood around doors that need to be replaced, one window that needs replacement, Old HVAC and grills, Older
3 Demolition plumbing, carpet in bedrooms closet and staircase, kitchen countertop and sink, toilets and shower tub, old $ 2,300.00 2,300.00
Dump all belongings of previous owner in house, demo material, left over and used
N/A
4 Dump Fees construction material. Return to stores any leftover unused material after rehab. $3,000.00 3,000.00

Indicate if new or Repair and location

5 Foundation/Footing/Slab $ -

Indicate if new or Repair and locations

New Roof; replace fafters and plywood where needed, ensure no leaking
6 Roofing $8,000.00 8,000.00

Specify quantity and locations Replace 2 gutters

7 Gutters/Downspouts $ 700.00 700.00

Specify quantity and locations

1 Window needs to be replaced (material and labor)
8 Windows/Sliders $ 600.00 600.00

Specify quantity and locations

9 Siding/Masonry/Stucco $ -

Indicate if new or Repair and locations

10 Ext Doors/Garage Doors $ -

Specify quantity and locations

11 Trusses $ -

Specify Location N/A

12 Framing Material $ -

N/A N/A
13 Framing Labor - Installation $ -

Specify new or repair Replace 4 ton complete heat pump system full replacement (per Goodman program);
14 HVAC Conduct HVAC preventative $ 8,000.00 8,000.00
maintenance (includes
New insulation 2lbs
to be refrigerant
installed in 2.5ifbathrooms
required, checking thermostat,
(labor and temperature
material) and attic
Specify location(s)
15 Insulation $ 700.00 700.00

Specify location(s)
Sheetrock and Drywall repair needed where roof leakage spoiled walls and ceiling
16 Drywall/Tape/Texture $2,000.00 2,000.00

Specify quantity and locations

17 Int Doors/Trim/Millwork

Provide Locations All interior walls and ceiling to be painted

Windows and wood around windows
baseboards
garage
18 Interior Painting doors $6,000.00 6,000.00

N/A (Full Exterior) N/A

19 Exterior Painting

Specify quantity and locations Refinish/ Paint existing cabinets in Kitchen

Install new cabinet hardware
20 Cabinets install pull out racks inside cabinets $ 1,000.00 1,000.00

Specify quantity and locations

new vanities in 2.5 bathrooms
21 Vanities $ 1,300.00 1,300.00

Specify quantity, type and locations

Quartz for the Kitchen
22 Countertops $ 600.00 600.00

Specify quantity and locations Replace carpet in bedrooms, closets, staircase with laminate flooring
Fix/ repair any damage to existing lamminate flooring in living area on floor 1, refinish
floor where needed
23 Hardwood Floors $ 5,000.00 5,000.00

Specify quantity, type and locations New Tile in Bathroom floors (2.5 baths), kitchen floors, kitchen backsplash, bathroom
backsplash, bathroom shower walls, install durock/ cement on bathroom walls before
tiling, repair wood in Kitchen prior to tiling
24 Tile/Vinyl/Lino Includes materials such as tile and grout and labor charge $12,000.00 12,000.00

Specify quantity and locations

Remove carpet, included in demo

25 Carpets $ -

Provide Locations N/A

26 Plumbing-Rough $ -

Provide Locations
Rough in for double owen, install electric outlet for double owen
27 Electrical-Rough $ 800.00 800.00

Specify quantity, type and locations

New Electrical outlets, New lights, New Chandeliers, Smoke Alarms, Fans throughout the
house (includes both material and labor), may have to replace electric box
28 Electrical Finish $ 4,500.00 4,500.00

Specify quantity, type and locations

Install new shower faucets in all baths, install new sink faucets in 2.5 baths and kitchen,
29 Plumbing Finish $ 2,000.00 2,000.00

Specify quantity, type and locations

throughout the house for all windows, we put 2 inch faux wood blinds from blinds.com
and buy and install curtain rods from amazon.com
30 Finish Hardware $ 4,000.00 4,000.00

Specify quantity, type and locations

Install new double Ovens, Microwave, Security alarm, Dishwasher, Laundry appliances,
refrigertor
31 Appliances $ 7,000.00 7,000.00
 Specify quantity, type and locations
N/A
32 Decking/Railing $ -

Specify quantity, type and locations

Replace and Repaint Fence (labor and material)
33 Fencing/Gates $ 6,000.00 6,000.00

Specify quantity, type and locations

N/A
34 Hardscape/Patio

Specify quantity, type and locations

35 Flatwork $ -

Specify quantity, type and locations

Make area to plant trees in front of the house
36 Landscaping $ 500.00 500.00

N/A N/A
37 Final Clean-Up $ 500.00 500.00

N/A N/A
38 Staging $ -

N/A N/A
39 Contingency $ 5,000.00 $ 5,000.00
40 Mobile Home $ -
41 $ -
42 $ -
43 $ -
44 $ -
45 $ -
46 $ -
47 $ -
48 $ -
49 $ -
50 $ -
51 $ -
52 $ -
53 $ -
54 $ -
55 $ -
56 $ -
57 $ -
58 $ -
59 $ -
60 $ -

SUBTOTAL SUBTOTAL $ 85,000.00 $ 85,000.00

Interest Reserves Interest Reserves Original Balance
Interest Reserves Interest Reserves
TOTAL TOTAL $ 85,000.00 $ 85,000.00

APPROVED RENOVATION BUDGET:

Approved By:
Date:
 REHAB BUDGET AND
SCOPE
Borrower : Shikha Gandhi Total Cost : $ 85,000.00 $3,500.00 Budget Amt

Loan # : Property Sqft : 2400 sq ft 25% percent

Property Address : 5345 S Brookwater Cv 38125 $875.00

Property Sq. Ft : 2400 sq ft 525 Previously Disbursed

General Contractor : Wensen Mejia OVER DISBURSEMENT % $350.00 Amt to disbursed

Phone : 9012307115
05.08.2022
*REQUIRED* Undisbursed
Allocation Of Job Progress *REQUIRED DETAILED DESCRIPTI Original Costs Balance
Draw Request 1 % Complete Draw Request 2 % Complete Draw Request 3 % Complete Draw Request 4 % Complete Draw Request 5 % Complete
Plans/Engineering Repair damaged walls and ceiling before $ 3,500.00 $ 3,500.00
Permits N/A $ - $ -
Demolition Demolition of bathroom flooring and walls $ 2,300.00 $ 2,300.00
Dump Fees Dump all belongings of previous owner in house, $ 3,000.00 $ 3,000.00
Foundation/Footing/Slab $ - $ -
Roofing $ 8,000.00 $ 8,000.00
Gutters/Downspouts Replace 2 gutters $ 700.00 $ 700.00
Windows/Sliders 1 Window needs to be replaced (material and $ 600.00 $ 600.00
Siding/Masonry/Stucco $ - $ -
Ext Doors/Garage Doors $ - $ -
Trusses $ - $ -
Framing Material N/A $ - $ -
Framing Labor - Installation N/A $ - $ -
HVAC Replace 4 ton complete heat pump system full $ 8,000.00 $ 8,000.00
Insulation New insulation to be installed in 2.5 bathrooms $ 700.00 $ 700.00
Drywall/Tape/Texture Sheetrock and Drywall repair needed where $ 2,000.00 $ 2,000.00
Int Doors/Trim/Millwork $ - $ -
Interior Painting All interior walls and ceiling to be painted $ 6,000.00 $ 6,000.00
Exterior Painting N/A $ - $ -
Cabinets Refinish/ Paint existing cabinets in Kitchen $ 1,000.00 $ 1,000.00
Vanities new vanities in 2.5 bathrooms $ 1,300.00 $ 1,300.00
Countertops Quartz for the Kitchen $ 600.00 $ 600.00
Hardwood Floors Replace carpet in bedrooms, closets, staircase $ 5,000.00 $ 5,000.00
Tile/Vinyl/Lino New Tile in Bathroom floors (2.5 baths), kitchen $ 12,000.00 $ 12,000.00
Carpets Remove carpet, included in demo $ - $ -
Plumbing-Rough N/A $ - $ -
Electrical-Rough Rough in for double owen, install electric outlet $ 800.00 $ 800.00
Electrical Finish New Electrical outlets, New lights, New $ 4,500.00 $ 4,500.00
Plumbing Finish Install new shower faucets in all baths, install $ 2,000.00 $ 2,000.00
Finish Hardware throughout the house for all windows, we put 2 $ 4,000.00 $ 4,000.00
Appliances Install new double Ovens, Microwave, Security $ 7,000.00 $ 7,000.00
Decking/Railing N/A $ - $ -
Fencing/Gates Replace and Repaint Fence (labor and material) $ 6,000.00 $ 6,000.00
Hardscape/Patio N/A $ - $ -
Flatwork $ - $ -
Landscaping Make area to plant trees in front of the house $ 500.00 $ 500.00
 RENOVATION BUDGET AND SCOPE
Borrower : Shikha Gandhi
Loan # :
Property Address : 5345 S Brookwater Cv 38125 SINGLE PROPERTY USE
Property Sq. Ft : 2400 sq ft
General Contractor : Wensen Mejia
Phone : (901) 230-7115
Number of Units being Renovated
DEPOSIT ACCOUNT INFO
Name On Account : CG Dreamworks LLC Full Renovation budget Amount $85,000.00
Routing Number : 321180379 Amount Renovation being Financed $85,000.00
Account Number : 9345840012

*REQUIRED* *REQUIRED*
Construction Plan
Information Needed (See Sample Tab for Clarification) Detailed Description Estimated Costs

No new plan or engineering effort needed Repair damaged walls and ceiling before painting house and garage
Repair molding of exterior doors
Repair siding
1 Plans/Engineering $ 3,500.00

N/A N/A
2 Permits $ -
Demolition of bathroom flooring and walls around shower, kitchen flooring, leaking roof,
wet plywood underneath roof, wood around doors that need to be replaced, one window
Demolition in bathrooms, kitchen, roof, carpet in bedrooms that needs replacement, Old HVAC and grills, Older plumbing, carpet in bedrooms closet
and staircase, kitchen countertop and sink, toilets and shower tub, old electricals/lights
3 Demolition faucets, Remove Satellite dish-includes all components and cables;old fence pickets $ 2,300.00
Dump all belongings of previous owner in house, demo material, left over and used
Dumpster rent and labor for dump and material returns
4 Dump Fees construction material. Return to stores any leftover unused material after rehab. $ 3,000.00
Indicate if new or Repair and location
5 Foundation/Footing/Slab $ -
New Roof; replace fafters and plywood where needed
New Roof; replace fafters and plywood where needed, ensure no leaking
6 Roofing $ 8,000.00
Replace 2 gutters Replace 2 gutters

7 Gutters/Downspouts $ 700.00
Replace 1 window
1 Window needs to be replaced (material and labor)
8 Windows/Sliders $ 600.00
Specificy quanity and locations

9 Siding/Masonry/Stucco $ -
Indicate if new or Repair and locations

10 Ext Doors/Garage Doors $ -

Specificy quanity and locations
11 Trusses $ -

N/A N/A
12 Framing Material $ -

N/A N/A
13 Framing Labor - Installation $ -
Install new HVAC Replace 4 ton complete heat pump system full replacement (per Goodman program);
Conduct HVAC preventative
maintenance (includes 2lbs refrigerant if required, checking thermostat, temperature split,
fuses, etc); Replace HVAC ducting, Clean vent grills or replace them
14 HVAC $ 8,000.00
2.5 bathrooms and attic for hvac New insulation to be installed in 2.5 bathrooms (labor and material) and attic
15 Insulation $ 700.00
16 Drywall/Tape/Texture Sheetrock and Drywall repair Sheetrock and Drywall repair needed where roof leakage spoiled walls and ceiling $ 2,000.00
Specificy quanity and locations
17 Int Doors/Trim/Millwork $ -
Interior painting All interior walls and ceiling to be painted
Windows and wood around windows
baseboards
garage
doors
closets
18 Interior Painting $ 6,000.00

N/A N/A
19 Exterior Painting $ -
Refinish/ Paint existing cabinets in Kitchen Refinish/ Paint existing cabinets in Kitchen
Install new cabinet hardware
20 Cabinets install pull out racks inside cabinets $ 1,000.00
new vanities
new vanities in 2.5 bathrooms
21 Vanities $ 1,300.00
Replace Kitchen countertops
Quartz for the Kitchen
22 Countertops $ 600.00
Replace carpet in bedrooms, closets, staircase with laminate flooring Replace carpet in bedrooms, closets, staircase with laminate flooring
Fix/ repair any damage to existing lamminate flooring in living area on floor 1, refinish floor
23 Hardwood Floors/ Carpets where needed $ 5,000.00
New Tile in Bathrooms and Kitchen New Tile in Bathroom floors (2.5 baths), kitchen floors, kitchen backsplash, bathroom
backsplash, bathroom shower walls, install durock/ cement on bathroom walls before tiling,
repair wood in Kitchen prior to tiling
24 Tile/Vinyl/Lino Includes materials such as tile and grout and labor charge $ 12,000.00
Remove carpet

Remove carpet, included in demo

25 Carpets $ -
N/A N/A

26 Plumbing-Rough $ -
Rough in for double owen
Rough in for double owen, install electric outlet for double owen
27 Electrical-Rough $ 800.00
New Electrical outlets, New lights, New Chandeliers, Smoke alarms, Fans
throughout the house New Electrical outlets, New lights, New Chandeliers, Smoke Alarms, Fans throughout the
house (includes both material and labor), may have to replace electric box
28 Electrical Finish $ 4,500.00
 Replace kitchen faucet, bathroom shower faucets, Bath sink faucets
Install new shower faucets in all baths, install new sink faucets in 2.5 baths and kitchen,
29 Plumbing Finish $ 2,000.00
Blinds, Curtain Rods, Kitchen sink, kitchen and decorative shelves, repair closet
throughout the house for all windows, we put 2 inch faux wood blinds from blinds.com and
hardware, replace door knobs to match the new farmhouse style everywhere in
buy and install curtain rods from amazon.com
30 Finish Hardware the house $ 4,000.00
install new double owen, microwave and security alarm
Install new double Ovens, Microwave, Security alarm, Dishwasher, Laundry appliances,
refrigertor
31 Appliances $ 7,000.00
N/A
N/A
32 Decking/Railing $ -
Replace and Repaint Fence
Replace and Repaint Fence (labor and material)
33 Fencing/Gates $ 6,000.00
N/A
N/A
34 Hardscape/Patio $ -
Specificy quanity, type and locations

35 Flatwork $ -
Little landscaping
Make area to plant trees in front of the house
36 Landscaping $ 500.00

N/A N/A
37 Final Clean-Up $ 500.00

N/A N/A
38 Staging $ -

N/A N/A
39 Contingency $ 5,000.00
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

SUBTOTAL SUBTOTAL $ 85,000.00

Interest Reserves Interest Reserves Original Balance
Interest Reserves Interest Reserves
TOTAL TOTAL $ 85,000.00

APPROVED RENOVATION BUDGET:

Approved By:
Date: