Those banks tend to do appraisals using internal metrics which are far more conservative to balance. your estimation of payments is correct I think.

All in all the investment would require, call it 50K but netting conservatively 24k a year. 

People tend to be more aggressive (more risk with higher upside) when you've got time to make up for some mistakes and more conservative when you're older.

I mean we loss Amazon HQ2, that says something.So:1) if you are looking to flip in Seattle/Bellevue be very careful and conservative with numbers so you don’t come out with a loss2) for Commercial MF cash flow, definitely look to other states.

Broker is telling me 7.5 cap, and I thought I was being conservative.  

I know this is impossible to answer with a blanket number, but is there a rule of thumb or conservative figure that most end up seeing?

My miscalculation was on the conservative side. 

I used a conservative 5% to assume that the original conventional loan will be what I receive even though we are not quite at 5% yet.Is my line of thinking wrong perhaps? 

Do you guys think that I am being too conservative or are others just being too loose with their money?

Given I'm looking for buy and hold for over 10 years would you recommend this deal as good deal.If I assume conservative 1% appreciation and 2% rent increase, I get around overall 9.5% return over 10 years.