Lakeview Property Management
4.8Lakeview County
Residential management, leasing, and owner services for local rental properties.
216-555-0187lakeviewpm.com
Purchase Price Calculator
Maximum purchase price
$106,001
Cost breakdown
+Likely effective rent$1,130
HUD FMR$1,030
Market rent$1,180
Est. payment standard (109%)Used$1,130
Estimated payment standard is $1,130 (109% of FMR).
-Principal and interest-$536
Loan amount$84,801
Down payment$21,200
Rate6.50%
Term30 years
-Operating costs-$394
Property taxes-$106
Insurance-$175
Utilities$0
HOA$0
Management-$113
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$18,389(86.7% ROI)
Projected value
$114,152
Current value$106,001
Return breakdown
Property appreciation+$8,150
Loan principal paid down+$3,038
Rental cash flow+$7,200
5-year hold
+$31,347(147.9% ROI)
Projected value
$119,930
Current value$106,001
Return breakdown
Property appreciation+$13,929
Loan principal paid down+$5,418
Rental cash flow+$12,000
10-year hold
+$66,599(314.1% ROI)
Projected value
$135,690
Current value$106,001
Return breakdown
Property appreciation+$29,689
Loan principal paid down+$12,910
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio0.91
Studio- 28021
0.91ratio
FMR$890
Market$980
vs market-$90
FMR is near market; voucher and private rents are aligned.
90% standard$801 / 0.82 ratio110% standard$979 / 1.00 ratio
1 BR0.87
1 BR- 28021
0.87ratio
FMR$930
Market$1,070
vs market-$140
FMR is below market; voucher rent may lag private rents.
90% standard$837 / 0.78 ratio110% standard$1,023 / 0.96 ratio
2 BR0.87
2 BR- 28021
0.87ratio
FMR$1,030
Market$1,180
vs market-$150
FMR is below market; voucher rent may lag private rents.
90% standard$927 / 0.79 ratio110% standard$1,133 / 0.96 ratio
3 BR0.82
3 BR- 28021
0.82ratio
FMR$1,320
Market$1,610
vs market-$290
FMR is below market; voucher rent may lag private rents.
90% standard$1,188 / 0.74 ratio110% standard$1,452 / 0.90 ratio
4 BR0.96
4 BR- 28021
0.96ratio
FMR$1,610
Market$1,680
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$1,449 / 0.86 ratio110% standard$1,771 / 1.05 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller unit sizes.
Historical
FY 2022-2026
Data freshness
- FMR
- FY2026
- Market rent
- last ~365 days
About this result(HUD FMR/SAFMR details)
This page shows HUD Fair Market Rent data for CHERRYVILLE, NC (NC) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.
Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.
Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.
Related ZIPs
CHERRYVILLE, NC fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for CHERRYVILLE, NC shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,030 and the 4 bedroom fair market rent is $1,610.
Use this page for searches like CHERRYVILLE, NC FMR, CHERRYVILLE, NC fair market rent, and CHERRYVILLE, NC Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.
| Bedroom size | HUD FMR |
|---|---|
| Studio | $890 |
| 1 bedroom | $930 |
| 2 bedroom | $1,030 |
| 3 bedroom | $1,320 |
| 4 bedroom | $1,610 |