Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

7763 E Roland Circle Mesa, AZ 85207

4 Beds 3 Baths 2,731 sqft Built 2000

$595,000

List Price

$2,710

$2.5K - $3K

Rent Est.

PROPERTY INFO

December 24, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2000
  • Price/Sqft : $217.87
  • 4 Days on Market
  • MLS # : 6174281
  • Updated Date : 12/23/2020 at 21:10
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,731 sqft
  • Baths : 3 full
Listing Agent

The Agency

Listing Agent's Description

This home checks all the boxes you would expect in for a luxury home in Las Sendas. large lot with views of downtown phoenix skyline & mountains from master balcony, heated pool, bbq area, garden and, backing to common area for privacy.The home begins with great curb appeal, and a welcoming courtyard greats you.It has a beautiful plantation shutters, a cooks kitchen with gas range, spacious family room with fireplace, formal dining and living room, and a bedroom and full bath downstairs.The master has a sitting room, totally redone master bathroom, huge closet space.This home is a 10 out of a 10. A must see.

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Las Sendas

NeighborhoodNIR Market*CityMarket2010Year20002019150k200k250k300k350k400k450kPrice in $109k477k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Las Sendas

NeighborhoodNIR Market*CityMarket2010Year20002019 Q211001200130014001500160017001800190020002100220023002400Rent in $10342434

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Franklin At Alma Elementary School Primary Regular 280 13 10
Franklin At Alma Elementary School Middle Regular 280 13 10
Fremont Junior High School High Regular 976 48 7

Franklin At Alma Elementary School

  • Education Level: Primary
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Franklin At Alma Elementary School

  • Education Level: Middle
  • # of students: 280
  • # of teachers: 13
10
GreatSchools Rating

Fremont Junior High School

  • Education Level: High
  • # of students: 976
  • # of teachers: 48
7
GreatSchools Rating
 

$535,500$654,500$595,000

PURCHASE PRICE

$2,439$2,981$2,710

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,710
EXPENSES Loan Payment -$2,195
Property Tax -$309
Property Insurance -$80
HOA -$41
Property Management Fees -$99
CASH FLOW
-$14

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 15% of earned rent to cover both maintenance and periods of vacancy.

$595,000

PROJECTED PRICE

$2,710

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.17%
Appreciation Year (1-5) 2.0%
Maintenance Year (1-5) 8.00%
Vacancy 6.60%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M$1.6M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k$20k$25k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$163,425

INVESTMENT

$163,425

Down Payment
$148,750
Rehab Estimate
$5,750
Closing Costs
$8,925

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$2,195

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $148,750
Loan Amount $446,250
See What Happens When You Reinvest Cash Flow

5.42

YEARS SAVED

$40,686

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,710

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • $2,506

    COMP ESTIMATED VALUE
  • $0.92

    COMP AVG. RENT PER SQFT
Comps Range
$2,100
1$2,1002$2,4503$2,7004$2,7105$2,750
$2,750
RENT COMPS ANALYSIS
  • 7763 E Roland Circle Mesa, AZ 4
    • 4 beds 3 baths ∙ 2,731 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,731 Sqft ∙ Built 2000
    • Rent
    • Rent Per SQFT
    •  
    • $2,710
    • $0.99
    •  
  • 3537 N Canyon Wash Circle Mesa, AZ 1
    • 4 beds 3 baths ∙ 2,732 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,732 Sqft ∙ Built 2000
    LEASED 05/24/31
    • Rent
    • Rent Per SQFT
    •  
    • $2,100
    • $0.77
    •  
  • 3060 N Ridgecrest -- #76 Mesa, AZ 2
    • 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 1997 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 1997
    LEASED 07/31/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,450
    • $0.90
    •  
  • 3741 N Ladera Circle Mesa, AZ 3
    • 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2001 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2001
    LEASED 08/19/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,700
    • $0.99
    •  
  • 3630 N Canyon Wash Circle Mesa, AZ 5
    • 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2000 5 beds 3 baths ∙ 2,732 Sqft ∙ Built 2000
    LEASED 07/03/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,750
    • $1.01
    •  
PROPERTY LISTING DETAILS
Jeff Gritzmacher
The Agency
Brandon Graham
1.866.250.5610
Mynd Property Management
LC664597000
Arizona Regional Multiple Listing Service, Inc. ( ARMLS)
MLS #: 6174281
Last Updated: 12/23/2020
support@investimateroi.com

Indicates a property listed by a real estate brokerage other than HomeUnion/Investimate by Mynd. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. © 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

BESbswy