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
$143,151
Cost breakdown
+Likely effective rent$1,380
HUD FMR$1,680
Market rentUsed$1,380
Est. payment standard (90%)$1,510
Market rent is below the inferred standard ($1,510, 90% of FMR).
-Principal and interest-$724
Loan amount$114,521
Down payment$28,630
Rate6.50%
Term30 years
-Operating costs-$456
Property taxes-$143
Insurance-$175
Utilities$0
HOA$0
Management-$138
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$22,310(77.9% ROI)
Projected value
$154,158
Current value$143,151
Return breakdown
Property appreciation+$11,007
Loan principal paid down+$4,103
Rental cash flow+$7,200
5-year hold
+$38,128(133.2% ROI)
Projected value
$161,962
Current value$143,151
Return breakdown
Property appreciation+$18,811
Loan principal paid down+$7,317
Rental cash flow+$12,000
10-year hold
+$81,529(284.8% ROI)
Projected value
$183,245
Current value$143,151
Return breakdown
Property appreciation+$40,094
Loan principal paid down+$17,434
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.
Studio1.01
Studio- 48179
1.01ratio
FMR$1,160
Market$1,150
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$1,044 / 0.91 ratio110% standard$1,276 / 1.11 ratio
1 BR1.13
1 BR- 48179
1.13ratio
FMR$1,280
Market$1,130
vs market+$150
FMR is above market; underwrite to market rent.
90% standard$1,152 / 1.02 ratio110% standard$1,408 / 1.25 ratio
2 BR1.22
2 BR- 48179
1.22ratio
FMR$1,680
Market$1,380
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$1,512 / 1.10 ratio110% standard$1,848 / 1.34 ratio
3 BR1.43
3 BR- 48179
1.43ratio
FMR$2,030
Market$1,420
vs market+$610
FMR is above market; underwrite to market rent.
90% standard$1,827 / 1.29 ratio110% standard$2,233 / 1.57 ratio
4 BR1.72
4 BR- 48179
1.72ratio
FMR$2,720
Market$1,580
vs market+$1,140
FMR is above market; underwrite to market rent.
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 SOUTH ROCKWOOD, 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
SOUTH ROCKWOOD, MI fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SOUTH ROCKWOOD, MI shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,680 and the 4 bedroom fair market rent is $2,720.
Use this page for searches like SOUTH ROCKWOOD, MI FMR, SOUTH ROCKWOOD, MI fair market rent, and SOUTH ROCKWOOD, 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 | $1,160 |
| 1 bedroom | $1,280 |
| 2 bedroom | $1,680 |
| 3 bedroom | $2,030 |
| 4 bedroom | $2,720 |