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
$166,927
Cost breakdown
+Likely effective rent$1,540
HUD FMR$1,530
Market rent$1,550
Est. payment standard (101%)Used$1,540
Estimated payment standard is $1,540 (101% of FMR).
-Principal and interest-$844
Loan amount$133,542
Down payment$33,385
Rate6.50%
Term30 years
-Operating costs-$496
Property taxes-$167
Insurance-$175
Utilities$0
HOA$0
Management-$154
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,820(74.3% ROI)
Projected value
$179,762
Current value$166,927
Return breakdown
Property appreciation+$12,835
Loan principal paid down+$4,784
Rental cash flow+$7,200
5-year hold
+$42,468(127.2% ROI)
Projected value
$188,862
Current value$166,927
Return breakdown
Property appreciation+$21,936
Loan principal paid down+$8,532
Rental cash flow+$12,000
10-year hold
+$91,084(272.8% ROI)
Projected value
$213,681
Current value$166,927
Return breakdown
Property appreciation+$46,754
Loan principal paid down+$20,330
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.
Studio1.05
Studio- 46040
1.05ratio
FMR$1,160
Market$1,100
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,044 / 0.95 ratio110% standard$1,276 / 1.16 ratio
1 BR1.21
1 BR- 46040
1.21ratio
FMR$1,310
Market$1,080
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,179 / 1.09 ratio110% standard$1,441 / 1.33 ratio
2 BR0.99
2 BR- 46040
0.99ratio
FMR$1,530
Market$1,550
vs market-$20
FMR is near market; voucher and private rents are aligned.
90% standard$1,377 / 0.89 ratio110% standard$1,683 / 1.09 ratio
3 BR1.18
3 BR- 46040
1.18ratio
FMR$1,980
Market$1,680
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$1,782 / 1.06 ratio110% standard$2,178 / 1.30 ratio
4 BR1.25
4 BR- 46040
1.25ratio
FMR$2,410
Market$1,930
vs market+$480
FMR is above market; underwrite to market rent.
90% standard$2,169 / 1.12 ratio110% standard$2,651 / 1.37 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents for larger 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 FORTVILLE, IN (IN) 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
FORTVILLE, IN fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for FORTVILLE, IN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,530 and the 4 bedroom fair market rent is $2,410.
Use this page for searches like FORTVILLE, IN FMR, FORTVILLE, IN fair market rent, and FORTVILLE, IN 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 | $1,160 |
| 1 bedroom | $1,310 |
| 2 bedroom | $1,530 |
| 3 bedroom | $1,980 |
| 4 bedroom | $2,410 |