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
$302,153
Cost breakdown
+Likely effective rent$2,450
HUD FMR$2,311
Market rent$2,520
Est. payment standard (106%)Used$2,450
Estimated payment standard is $2,450 (106% of FMR).
-Principal and interest-$1,528
Loan amount$241,722
Down payment$60,431
Rate6.50%
Term30 years
-Operating costs-$722
Property taxes-$302
Insurance-$175
Utilities$0
HOA$0
Management-$245
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$39,093(64.7% ROI)
Projected value
$325,385
Current value$302,153
Return breakdown
Property appreciation+$23,233
Loan principal paid down+$8,660
Rental cash flow+$7,200
5-year hold
+$67,149(111.1% ROI)
Projected value
$341,858
Current value$302,153
Return breakdown
Property appreciation+$39,705
Loan principal paid down+$15,444
Rental cash flow+$12,000
10-year hold
+$145,428(240.7% ROI)
Projected value
$386,781
Current value$302,153
Return breakdown
Property appreciation+$84,628
Loan principal paid down+$36,799
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.
Studio0.82
Studio
0.82ratio
FMR$1,631
Market$2,000
vs market-$369
FMR is below market; voucher rent may lag private rents.
90% standard$1,468 / 0.73 ratio110% standard$1,794 / 0.90 ratio
1 BR0.87
1 BR
0.87ratio
FMR$1,761
Market$2,030
vs market-$269
FMR is below market; voucher rent may lag private rents.
90% standard$1,585 / 0.78 ratio110% standard$1,937 / 0.95 ratio
2 BR0.92
2 BR
0.92ratio
FMR$2,311
Market$2,520
vs market-$209
FMR is near market; voucher and private rents are aligned.
90% standard$2,080 / 0.83 ratio110% standard$2,542 / 1.01 ratio
3 BR1.11
3 BR
1.11ratio
FMR$2,889
Market$2,610
vs market+$279
FMR is above market; underwrite to market rent.
90% standard$2,600 / 1.00 ratio110% standard$3,178 / 1.22 ratio
4 BR1.04
4 BR
1.04ratio
FMR$3,060
Market$2,940
vs market+$120
FMR is near market; voucher and private rents are aligned.
90% standard$2,754 / 0.94 ratio110% standard$3,366 / 1.14 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 02702 (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.
02702 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 02702 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,311 and the 4 bedroom fair market rent is $3,060.
Use this page for searches like 02702 FMR, 02702 fair market rent, and 02702 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 | $1,631 |
| 1 bedroom | $1,761 |
| 2 bedroom | $2,311 |
| 3 bedroom | $2,889 |
| 4 bedroom | $3,060 |