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
$162,469
Cost breakdown
+Likely effective rent$1,510
HUD FMR$1,370
Market rent$1,760
Est. payment standard (110%)Used$1,510
Estimated payment standard is $1,510 (110% of FMR).
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Current value$162,469
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Current value$162,469
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Current value$162,469
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
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.
Studio0.94
Studio- 28731
0.94ratio
FMR$1,170
Market$1,250
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,053 / 0.84 ratio110% standard$1,287 / 1.03 ratio
1 BR0.97
1 BR- 28731
0.97ratio
FMR$1,220
Market$1,260
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,098 / 0.87 ratio110% standard$1,342 / 1.07 ratio
2 BR0.78
2 BR- 28731
0.78ratio
FMR$1,370
Market$1,760
vs market-$390
FMR is below market; voucher rent may lag private rents.
90% standard$1,233 / 0.70 ratio110% standard$1,507 / 0.86 ratio
3 BR0.81
3 BR- 28731
0.81ratio
FMR$1,760
Market$2,170
vs market-$410
FMR is below market; voucher rent may lag private rents.
90% standard$1,584 / 0.73 ratio110% standard$1,936 / 0.89 ratio
4 BR1.04
4 BR- 28731
1.04ratio
FMR$2,320
Market$2,230
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$2,088 / 0.94 ratio110% standard$2,552 / 1.14 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 FLAT ROCK, 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
FLAT ROCK, NC fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for FLAT ROCK, NC shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,370 and the 4 bedroom fair market rent is $2,320.
Use this page for searches like FLAT ROCK, NC FMR, FLAT ROCK, NC fair market rent, and FLAT ROCK, 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 | $1,170 |
| 1 bedroom | $1,220 |
| 2 bedroom | $1,370 |
| 3 bedroom | $1,760 |
| 4 bedroom | $2,320 |