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
$113,431
Cost breakdown
+Likely effective rent$1,180
HUD FMR$1,070
Market rent$1,300
Est. payment standard (110%)Used$1,180
Estimated payment standard is $1,180 (110% of FMR).
-Principal and interest-$574
Loan amount$90,745
Down payment$22,686
Rate6.50%
Term30 years
-Operating costs-$406
Property taxes-$113
Insurance-$175
Utilities$0
HOA$0
Management-$118
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,173(84.5% ROI)
Projected value
$122,153
Current value$113,431
Return breakdown
Property appreciation+$8,722
Loan principal paid down+$3,251
Rental cash flow+$7,200
5-year hold
+$32,703(144.2% ROI)
Projected value
$128,337
Current value$113,431
Return breakdown
Property appreciation+$14,906
Loan principal paid down+$5,798
Rental cash flow+$12,000
10-year hold
+$69,585(306.7% ROI)
Projected value
$145,201
Current value$113,431
Return breakdown
Property appreciation+$31,770
Loan principal paid down+$13,815
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.
Studio0.59
Studio- 49084
0.59ratio
FMR$740
Market$1,250
vs market-$510
FMR is below market; voucher rent may lag private rents.
90% standard$666 / 0.53 ratio110% standard$814 / 0.65 ratio
1 BR0.67
1 BR- 49084
0.67ratio
FMR$820
Market$1,220
vs market-$400
FMR is below market; voucher rent may lag private rents.
90% standard$738 / 0.60 ratio110% standard$902 / 0.74 ratio
2 BR0.82
2 BR- 49084
0.82ratio
FMR$1,070
Market$1,300
vs market-$230
FMR is below market; voucher rent may lag private rents.
90% standard$963 / 0.74 ratio110% standard$1,177 / 0.91 ratio
3 BR0.97
3 BR- 49084
0.97ratio
FMR$1,410
Market$1,450
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,269 / 0.88 ratio110% standard$1,551 / 1.07 ratio
4 BR0.94
4 BR- 49084
0.94ratio
FMR$1,420
Market$1,510
vs market-$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,278 / 0.85 ratio110% standard$1,562 / 1.03 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 RIVERSIDE, 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
RIVERSIDE, MI fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for RIVERSIDE, MI shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,070 and the 4 bedroom fair market rent is $1,420.
Use this page for searches like RIVERSIDE, MI FMR, RIVERSIDE, MI fair market rent, and RIVERSIDE, 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 | $740 |
| 1 bedroom | $820 |
| 2 bedroom | $1,070 |
| 3 bedroom | $1,410 |
| 4 bedroom | $1,420 |