54 Lafayette Ave, Geneva, NY 14456
NY
AssignedB
Assignment dealProof of funds required
Flip looks viable, strong brrrr candidate; confirm rehab scope.
Listing Details
| Ask price | $69,900 |
| Beds / baths | 5 bd / 2 ba |
| Square feet | 2,076 |
| Lot size | 4,791 |
| Property type | Multi-family |
| Year built | 1880 |
| Inspection date | — |
| Deposit | — |
| Closing terms | Real Estate Agents: Flat fee 2.5% of our NET HUD-1 or $1,000 whichever is greate |
| First seen | 4/21/2026 |
| Last seen | 4/22/2026 |
Underwriting
Estimates (verify with comps)
| ARV low / base / high | $186,840 / $224,208 / $269,880 |
| Rehab low / base / high | $58,128 / $87,192 / $120,408 |
| Rehab tier | moderate |
| Rent range (low / base / high) | $1,450 / $1,650 / $1,850 /mo |
| Acquisition friction | $3,000 |
Flip Scenario
| All-in cost (base) | $167,292 |
| Profit low / base / high | $-28,615 / $38,979 / $110,062 |
| MAO (flip) | $88,879 |
Rental Scenario
| NOI (base) | $9,852 |
| Monthly cash flow | $-19 |
| Cap rate | 6.2% |
| DSCR | 0.98 |
| MAO (rental) | $40,272 |
BRRRR Scenario
| Refi proceeds (75% ARV) | $168,156 |
| Cash left in deal | $-8,064 |
| MAO (BRRRR) | $77,964 |
ARV estimated from $/sqft Rochester averages — verify with actual comps before committing. | No inspection date found; confirm walkthrough availability.
Key Risks
- ▲Rental cash flow weak ($-19/mo, DSCR 0.98).
- ▲Assignment deal only — may limit financing options.
Listing Remarks
54 Lafayette Ave, Geneva, NY 14456
History
| Date | Status | Price | Changes |
|---|---|---|---|
| 4/22/2026 | Assigned | — | — |
| 4/21/2026 | Assigned | $69,900 | detail_page_fetch |
| 4/21/2026 | Assigned | — | — |