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_ r <br /> APPENDIX F <br /> BUDGET <br /> DEVELOPER shall adhere to the following budget in carrying out this Agreement. LINE <br /> ITEMS MAY NOT BE ADDED to the budget during the term of this Agreement. <br /> BUDGET <br /> Estimated Purchase and Rehabilitation $ 128072745 . 50 <br /> Developers Fees Based upon 10 homes being acquired) * $ 216,929 . 00 <br /> Estimated Due Diligence $ 56,590 . 00 <br /> Estimated Maintenance & Insurance for Four Months $ 20,000 . 00 <br /> TOTAL $ 23101 ,264 . 50 <br /> * If the Developer Fee amount reflected in the Budget above exceeds twelve percent ( 12%) <br /> of the actual acquisition and rehabilitation costs for acquired and rehabilitated properties, <br /> the Developer' s Fee shall be reduced so that the total fee paid to the Developer shall not <br /> exceed twelve percent ( 12%) of the total amount expended to acquire and rehabilitate the <br /> properties. <br /> 45 <br />