Deal Analysis

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Hi,

After considerable re-evaluation, I forfeited the idea of investing in a multi-family. It's really too much trouble for me at this stage. Somewhere down the road I will reconsider but at the mean time, the most paramount item to take care of is finding a place to live. Attached is a link to the property I'm interested in seriously buying:

http://www.redfin.com/MA/Revere/7-Arcadia-St-02151/home/9019320

It's really close to the subway that I use on the daily to commute to work. Living near the Wonderland Station is becoming a more trendy alternative to living in expensive Boston for students (at least, that's what I've been observing). I like the concept of bungalow - it's small and easy to maintain. The city of Revere is projected to rise 12.7% in home values in the next 5 years...for what it's worth. Is this a good deal, per the experts' analysis?