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
$153,553
Cost breakdown
+Likely effective rent$1,450
HUD FMR$1,580
Market rentUsed$1,450
Est. payment standard (95%)$1,500
Market rent is below the inferred standard ($1,500, 95% of FMR).
-Principal and interest-$776
Loan amount$122,842
Down payment$30,711
Rate6.50%
Term30 years
-Operating costs-$474
Property taxes-$154
Insurance-$175
Utilities$0
HOA$0
Management-$145
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$23,408(76.2% ROI)
Projected value
$165,360
Current value$153,553
Return breakdown
Property appreciation+$11,807
Loan principal paid down+$4,401
Rental cash flow+$7,200
5-year hold
+$40,027(130.3% ROI)
Projected value
$173,731
Current value$153,553
Return breakdown
Property appreciation+$20,178
Loan principal paid down+$7,848
Rental cash flow+$12,000
10-year hold
+$85,709(279.1% ROI)
Projected value
$196,561
Current value$153,553
Return breakdown
Property appreciation+$43,008
Loan principal paid down+$18,701
Rental cash flow+$24,000
Rolodex
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UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio1.16
Studio- 48330
1.16ratio
FMR$1,130
Market$970
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,017 / 1.05 ratio110% standard$1,243 / 1.28 ratio
1 BR1.13
1 BR- 48330
1.13ratio
FMR$1,260
Market$1,120
vs market+$140
FMR is above market; underwrite to market rent.
90% standard$1,134 / 1.01 ratio110% standard$1,386 / 1.24 ratio
2 BR1.09
2 BR- 48330
1.09ratio
FMR$1,580
Market$1,450
vs market+$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,422 / 0.98 ratio110% standard$1,738 / 1.20 ratio
3 BR0.79
3 BR- 48330
0.79ratio
FMR$1,930
Market$2,440
vs market-$510
FMR is below market; voucher rent may lag private rents.
90% standard$1,737 / 0.71 ratio110% standard$2,123 / 0.87 ratio
4 BR0.86
4 BR- 48330
0.86ratio
FMR$2,090
Market$2,430
vs market-$340
FMR is below market; voucher rent may lag private rents.
90% standard$1,881 / 0.77 ratio110% standard$2,299 / 0.95 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 DRAYTON PLAINS, MI (MI) 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
DRAYTON PLAINS, MI fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for DRAYTON PLAINS, MI shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,580 and the 4 bedroom fair market rent is $2,090.
Use this page for searches like DRAYTON PLAINS, MI FMR, DRAYTON PLAINS, MI fair market rent, and DRAYTON PLAINS, MI 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 | $1,130 |
| 1 bedroom | $1,260 |
| 2 bedroom | $1,580 |
| 3 bedroom | $1,930 |
| 4 bedroom | $2,090 |