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45 Riverside Avenue exterior

45 Riverside Avenue

Fairview, OH 44121 · Single Family — Ranch · 1,980 sq ft · 4 bd / 2 ba · built 1961

Demo & StructuralOver budget $27,8503 late task(s)Target Sep 4, 2026
Renovation progress48%
Reno budget
$96,000
Spent to date
$67,850
$8,250 pending
Expected resale
$470,000
Projected profit
-$20,450
ROI -4.2%

Property

Type
Single Family — Ranch
Size
1,980 sq ft
Bedrooms
4
Bathrooms
2
Year built
1961
Purchased
Mar 2, 2026
Stage
Demo & Structural
Target completion
Sep 4, 2026 (in 16d)

Roof deck rot discovered after demo. Schedule slipped ~3 weeks; watch carry cost.

Deal summary

Projected at current spend and commitments

Purchase price$312,000
Closing & acquisition costs$11,200
Renovation (projected)$123,850
Holding costs$12,400
Selling costs$31,000
Total investment$490,450
Expected resale price$470,000
Projected profit-$20,450

Return on investment -4.2% · target profit $52,000