ABCDEFIJKLMNOPQRSTUVWXYZ
1
2
#VALUE!
3
Rehab Construction Budget
4
5
6
Scope of Work:Property Characteristics
7
Enter general description of renovations to be completedCurrentProposed
8
The property is currently a 3-bedroom, 2-bathroom single-family residence consisting of approximately 1,124 square feet. The property will undergo a substantial renovation, including a reconfiguration from a 3/2 to a 4/2 layout, which will enhance the overall functionality, livability, and marketability of the home.
The renovation will address all five major areas of the property, including foundation repairs, HVAC and electrical updates, roofing repairs, and plumbing improvements throughout the home. These essential repairs will address key structural and mechanical components while adding significant value to the property.

Additionally, the property will receive comprehensive interior and exterior upgrades designed to modernize the home and improve its overall appeal. Improvements will include new hardware, doors, cabinetry, appliances, flooring, and other interior finishes, along with exterior enhancements. These improvements will provide a refreshed, cohesive appearance while improving the home's functionality, efficiency, safety, and overall marketability.

Collectively, the structural, mechanical, functional, and cosmetic improvements represent a substantial investment in the property and are expected to significantly enhance its condition and usability,
Property Type:SFRSFR
9
Above Grade SF:1,1241374
10
Below Grade Finished SF:
11
Below Grade Unfinished SF:
12
Bedrooms:34
13
Bathrooms:22
14
Inspection Information
15
Per Unit
16
Inspection Fee:$150
17
Optional
18
# of Draws predicted:0
19
Please Select Type
20
Preferred Inspection Type:
(subject to availability)
21
22
Internal Use Only
23
Inspector:
24
Loan #:
25
Closing Date:
26
Maturity Date:
27
Total Budget:$80,000
28
Template Version:2025.09.17
29
Property Address:
30
Lockbox Code/Door Code:1224 Willow Ln. Irving, TX 75060
31
Borrower Information: Name of Guarantor:Email:Phone#:Phone#:
32
33
34
Fill in each applicable line item with the description and the amount
35
Category / Draw ItemAmountDescription
36
Soft Costs
37
Temp Utilities$0
38
Temp Toilet$0
39
Architectural Fees$0
40
Engineering Fees$0
41
Permits$0
42
Survey/Drawings/Plans$0
43
Water Meter$0
44
Electrical Meter$0
45
Project Management/General Contractor$0
46
Longhorn Inspection Fees$0Determined by the number of anticipated inspections
47
$0
48
Demolition -Trash out
49
Demolition$4,000demo kitchen, bathrooms, open concept areas
50
Trash out$0
51
Dumpster$1,000trash removal throughout
52
Clearing/Stakeout$0
53
$0
54
$0
55
Site Work
56
Grading$0
57
Water Lines$0
58
Septic $0
59
Sewer Lines$0
60
Landscape/Sod/Grass$1,000cut and maintain trees, grass, etc. to improve curb appeal
61
Fence$500fence repairs
62
Concrete/Asphalt/Gravel$0
63
Tree trim$0
64
Pool/Spa$0
65
$0
66
$0
67
Foundation
68
Foundation repair$10,000foundation repair as needed throughout the home
69
Excavation$0
70
Slab Pour$0
71
Pier and beam repair$0
72
Site retaining walls/waterproofing/backfill$0
73
$0
74
$0
75
Structure
76
Framing $2,000update existing and additional bedroom framing as needed
77
Roof Trusses$0
78
Windows$1,000repair damaged and broken windows as needed
79
Retaining wall$0
80
Sub floors$0
81
Basement$0
82
Waterproofing$0
83
Fireplace/chimney$0
84
Insulation$500replace insulation as needed in new dry wall areas
85
Drywall$2,000replace and reinstall drywallin demo'ed areas
86
Tape bed and Texture$1,000tape bed texture bathrooms, bedroom addition, and touch ups throughout
87
Ceiling repair$0
88
Support beams$0
89
Floor Joist repair/replace$0
90
Garage roof repair$0
91
Interior Stairways$0
92
$0
93
$0
94
Exterior
95
New Roof$7,000replace roof w/new shingles as needed
96
Roof repairs$0
97
Flashing$0
98
Gutters/Soffit/Fascia$0
99
Siding$3,000install siding around the exterior as needed
100
Stucco$0