RevParPro / Deal Pipeline / CapEx

PIP & CapEx Sheet, Restructured Layout

Layout mockup, generated 2026-06-15. Two sourced costs per line plus provenance, replacing the single-cost sheet with a blanket self-GC factor.

Today

One cost column per line (qty x unit_cost = subtotal). The savings is computed once at the bottom: total_self_gc = total_market_gc x self_gc_factor. A single multiplier across every line. A lender's reviewer cannot trace the saving to any specific scope item, so the headline is an assertion, not evidence.

Restructured

Each line carries a Market / Required cost and a THM delivered cost (a real quote), plus a Source reference. The saving is a per-line delta that sums to the headline. Hand a lender any row and it traces to a quote number, a vendor, or a brand PIP scope item. The blanket factor is retired to a sanity check.

PIP scope, line by line

Illustrative 124-key property. Market / Required vs THM delivered, per line.
Item Qty Unit Market $/unit Market subtotal THM $/unit THM subtotal Savings $ Savings % Phase Source / Provenance Status
Guestrooms
Case goods (dresser, nightstand, desk) 124key 4,200520,800 2,600322,400 198,40038.1% Y1 RS-2411 (Rise Sun, FOB Foshan) Quoted
Soft seating + lounge chair 124key 900111,600 52064,480 47,12042.2% Y1 RS-2412 (Rise Sun, FOB) Quoted
Mattress + box spring 124key 850105,400 61075,640 29,76028.2% Y1 Serta natl. acct. pricing Quoted
Carpet / LVT flooring 124key 1,900235,600 1,250155,000 80,60034.2% Y1 Direct mill, install by self-GC crew Scoped
Lighting + lamps 124key 48059,520 30037,200 22,32037.5% Y1 RS-2415 (Rise Sun, FOB) Quoted
Drapery + hardware 124key 62076,880 36044,640 32,24041.9% Y1 RS-2416 (Rise Sun, FOB) Quoted
Wall vinyl / paint 124key 1,100136,400 72089,280 47,12034.5% Y1 Self-GC labor + direct material Scoped
TVs + mounts 124key 54066,960 39048,360 18,60027.8% Y1 LG hospitality acct. Quoted
Guestrooms subtotal 1,313,160 837,000 476,16036.3%
Bathrooms
Vanity + top 124key 1,400173,600 850105,400 68,20039.3% Y1 RS-2421 (Rise Sun, FOB) Quoted
Tub / shower surround + glass 124key 2,100260,400 1,350167,400 93,00035.7% Y1 Direct material + self-GC install Scoped
Tile, floor + wall 124key 1,600198,400 980121,520 76,88038.8% Y1 Direct import + self-GC crew Scoped
Fixtures + accessories 124key 52064,480 33040,920 23,56036.5% Y1 RS-2423 (Rise Sun, FOB) Quoted
Lighting + mirror 124key 36044,640 23028,520 16,12036.1% Y1 RS-2424 (Rise Sun, FOB) Quoted
Bathrooms subtotal 741,520 463,760 277,76037.5%
Public areas / Lobby
Lobby FF&E + millwork 1lot 310,000310,000 185,000185,000 125,00040.3% Y1 RS-2431 millwork + self-GC build Scoped
Breakfast / dining seating 1lot 145,000145,000 86,00086,000 59,00040.7% Y1 RS-2432 (Rise Sun, FOB) Quoted
Front desk + back office 1lot 78,00078,000 47,00047,000 31,00039.7% Y1 Self-GC millwork Scoped
Corridor carpet + vinyl 1lot 240,000240,000 158,000158,000 82,00034.2% Y2 Direct mill + self-GC install Scoped
Fitness center 1lot 96,00096,000 62,00062,000 34,00035.4% Y2 Precor acct. + self-GC buildout Scoped
Pool + amenity deck 1lot 130,000130,000 88,00088,000 42,00032.3% Y2 Local pool GC bid Bid
Public areas subtotal 999,000 626,000 373,00037.3%
Exterior / Site
Facade paint + EIFS repair 1lot 420,000420,000 295,000295,000 125,00029.8% Y2 Local GC bid + self-GC supervision Bid
Roof 1lot 360,000360,000 310,000310,000 50,00013.9% Y2 Roofing sub bid (hard cost, thin margin) Bid
Parking lot + striping 1lot 185,000185,000 140,000140,000 45,00024.3% Y2 Paving sub bid Bid
Signage (brand) 1lot 160,000160,000 118,000118,000 42,00026.3% Y1 Brand signage vendor + direct fab Scoped
Landscaping + site 1lot 95,00095,000 66,00066,000 29,00030.5% Y2 Local landscape bid Bid
Exterior / Site subtotal 1,220,000 929,000 291,00023.9%
FF&E / OS&E / IT
OS&E (linens, towels, smallwares) 124key 1,300161,200 820101,680 59,52036.9% Y1 RS-2451 (Rise Sun, FOB) Quoted
Branded artwork + accessories 124key 64079,360 38047,120 32,24040.6% Y1 RS-2452 (Rise Sun, FOB) Quoted
IT / network / WiFi refresh 1lot 185,000185,000 128,000128,000 57,00030.8% Y1 Brand-approved low-voltage vendor Bid
FF&E / OS&E / IT subtotal 425,560 276,800 148,76035.0%
MEP / Life Safety
PTAC / HVAC replacement 124unit 2,400297,600 1,850229,400 68,20022.9% Y1 Direct OEM + self-GC install Quoted
Fire alarm + sprinkler upgrade 1lot 210,000210,000 176,000176,000 34,00016.2% Y1 Licensed life-safety sub (hard cost) Bid
Electrical + panel 1lot 145,000145,000 112,000112,000 33,00022.8% Y2 Licensed electrical sub bid Bid
Elevator modernization 2car 180,000360,000 150,000300,000 60,00016.7% Y2 Elevator OEM contract (hard cost) Bid
Domestic water heater + boiler 1lot 120,000120,000 94,00094,000 26,00021.7% Y1 Mechanical sub bid Bid
MEP / Life Safety subtotal 1,132,600 911,400 221,20019.5%
TOTAL PIP (no contingency) 5,831,840 4,043,960 1,787,88030.7%
Total Market GC
$5,831,840
What a market GC would charge. Illustrative.
Total THM Self-GC
$4,043,960
Direct sourcing + self-GC, no contingency. Illustrative.
Total Savings
$1,787,880
The defensible headline, summed from lines.
Blended Savings
30.7%
Not one factor: a weighted result of the rows.
Per key, Market GC
$47,031
$5,831,840 / 124 keys. Illustrative.
Per key, THM Self-GC
$32,613
$4,043,960 / 124 keys. Illustrative.
Per key, Savings
$14,418
$1,787,880 / 124 keys. Illustrative.
Lines with a quote ref
every row
No row reaches the lender without provenance.