1063 Farnsworth Rd S, Rochester, NY 14623
NY
PendingD
Assignment dealBuyer pays both sidesProof of funds required
Pass — deal does not pencil under conservative assumptions.
Listing Details
| Ask price | $124,900 |
| Beds / baths | 3 bd / 1 ba |
| Square feet | 1,314 |
| Lot size | 0.36 Acres |
| Property type | Home |
| Year built | 1957 |
| Inspection date | — |
| Deposit | — |
| Closing terms | to shopping, schools, and amenities |
| First seen | 4/21/2026 |
| Last seen | 4/22/2026 |
Underwriting
Estimates (verify with comps)
| ARV low / base / high | $118,260 / $141,912 / $170,820 |
| Rehab low / base / high | $36,792 / $55,188 / $76,212 |
| Rehab tier | moderate |
| Rent range (low / base / high) | $1,100 / $1,275 / $1,450 /mo |
| Acquisition friction | $6,000 |
Flip Scenario
| All-in cost (base) | $193,288 |
| Profit low / base / high | $-105,513 / $-62,729 / $-17,738 |
| MAO (flip) | $42,171 |
Rental Scenario
| NOI (base) | $6,522 |
| Monthly cash flow | $-432 |
| Cap rate | 3.5% |
| DSCR | 0.56 |
| MAO (rental) | $25,179 |
BRRRR Scenario
| Refi proceeds (75% ARV) | $106,434 |
| Cash left in deal | $79,654 |
| MAO (BRRRR) | $45,246 |
ARV estimated from $/sqft Rochester averages — verify with actual comps before committing. | No inspection date found; confirm walkthrough availability.
Key Risks
- ▲Flip profit thin at base ARV ($-62,729).
- ▲Rental cash flow weak ($-432/mo, DSCR 0.56).
- ▲BRRRR leaves $79,654 cash in deal after refi.
- ▲Buyer pays both sides' closing costs — significant friction penalty.
- ▲Assignment deal only — may limit financing options.
Listing Remarks
1063 Farnsworth Rd S, Rochester, NY 14623
History
| Date | Status | Price | Changes |
|---|---|---|---|
| 4/22/2026 | Pending | — | — |
| 4/22/2026 | Pending | — | — |
| 4/21/2026 | Pending | $124,900 | detail_page_fetch |
| 4/21/2026 | Pending | — | — |
| 4/21/2026 | Pending | — | — |