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All Forum Posts by: Gaurav Agarwal

Gaurav Agarwal has started 1 posts and replied 2 times.

Originally posted by @Lien Vuong:

Boston metro regions - anything within 5 mile radius of Boston - is getting 5-7% C/C return with cities such as Malden, Everett, Quincy as hot suburbs 

Expanding to Greater Boston area with about 20 mile radius would get you 8-10% C/C return with cities such as Woburn, Framingham, Randolph as what we consider as secondary markets. 

In a typical situation it's not very common to have immediate c/c return from Day 1 but with some light improvements and increases in rents I think you should be able to very realistically achieve those returns and high appreciation. 

Hope that helps!

Thanks Lien , this was helpful. I was trying to run some numbers to estimate if i settle on 5-7% CoC , can that be compensated by the higher appreciates rates in Boston ? what is typical appreciation rate in and around boston (5 mile radius) ?

Thanks 

Gaurav 

I am looking for some investment properties in greater Boston region with minimum CoC return of about 7-10% . Any suggestions on the areas that i should look for would be good.