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
$345,246
Cost breakdown
+Likely effective rent$2,740
HUD FMR$2,941
Market rentUsed$2,740
Est. payment standard (96%)$2,810
Market rent is below the inferred standard ($2,810, 96% of FMR).
-Principal and interest-$1,746
Loan amount$276,197
Down payment$69,049
Rate6.50%
Term30 years
-Operating costs-$794
Property taxes-$345
Insurance-$175
Utilities$0
HOA$0
Management-$274
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$43,642(63.2% ROI)
Projected value
$371,793
Current value$345,246
Return breakdown
Property appreciation+$26,546
Loan principal paid down+$9,895
Rental cash flow+$7,200
5-year hold
+$75,015(108.6% ROI)
Projected value
$390,615
Current value$345,246
Return breakdown
Property appreciation+$45,368
Loan principal paid down+$17,646
Rental cash flow+$12,000
10-year hold
+$162,746(235.7% ROI)
Projected value
$441,945
Current value$345,246
Return breakdown
Property appreciation+$96,698
Loan principal paid down+$42,048
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- 01845
1.16ratio
FMR$2,359
Market$2,040
vs market+$319
FMR is above market; underwrite to market rent.
90% standard$2,123 / 1.04 ratio110% standard$2,595 / 1.27 ratio
1 BR1.04
1 BR- 01845
1.04ratio
FMR$2,476
Market$2,380
vs market+$96
FMR is near market; voucher and private rents are aligned.
90% standard$2,228 / 0.94 ratio110% standard$2,724 / 1.14 ratio
2 BR1.07
2 BR- 01845
1.07ratio
FMR$2,941
Market$2,740
vs market+$201
FMR is near market; voucher and private rents are aligned.
90% standard$2,647 / 0.97 ratio110% standard$3,235 / 1.18 ratio
3 BR1.06
3 BR- 01845
1.06ratio
FMR$3,526
Market$3,320
vs market+$206
FMR is near market; voucher and private rents are aligned.
90% standard$3,173 / 0.96 ratio110% standard$3,879 / 1.17 ratio
4 BR0.81
4 BR- 01845
0.81ratio
FMR$3,894
Market$4,810
vs market-$916
FMR is below market; voucher rent may lag private rents.
90% standard$3,505 / 0.73 ratio110% standard$4,283 / 0.89 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 NORTH ANDOVER, MA (MA) 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 FMR 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
NORTH ANDOVER, MA fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for NORTH ANDOVER, MA shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,941 and the 4 bedroom fair market rent is $3,894.
Use this page for searches like NORTH ANDOVER, MA FMR, NORTH ANDOVER, MA fair market rent, and NORTH ANDOVER, MA 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 | $2,359 |
| 1 bedroom | $2,476 |
| 2 bedroom | $2,941 |
| 3 bedroom | $3,526 |
| 4 bedroom | $3,894 |