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
$220,423
Cost breakdown
+Likely effective rent$1,900
HUD FMR$1,729
Market rent$2,010
Est. payment standard (110%)Used$1,900
Estimated payment standard is $1,900 (110% of FMR).
-Principal and interest-$1,115
Loan amount$176,338
Down payment$44,085
Rate6.50%
Term30 years
-Operating costs-$585
Property taxes-$220
Insurance-$175
Utilities$0
HOA$0
Management-$190
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$30,466(69.1% ROI)
Projected value
$237,371
Current value$220,423
Return breakdown
Property appreciation+$16,948
Loan principal paid down+$6,318
Rental cash flow+$7,200
5-year hold
+$52,232(118.5% ROI)
Projected value
$249,388
Current value$220,423
Return breakdown
Property appreciation+$28,965
Loan principal paid down+$11,266
Rental cash flow+$12,000
10-year hold
+$112,583(255.4% ROI)
Projected value
$282,160
Current value$220,423
Return breakdown
Property appreciation+$61,737
Loan principal paid down+$26,846
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio0.84
Studio
0.84ratio
FMR$1,318
Market$1,560
vs market-$242
FMR is below market; voucher rent may lag private rents.
90% standard$1,186 / 0.76 ratio110% standard$1,450 / 0.93 ratio
1 BR0.78
1 BR
0.78ratio
FMR$1,402
Market$1,800
vs market-$398
FMR is below market; voucher rent may lag private rents.
90% standard$1,262 / 0.70 ratio110% standard$1,542 / 0.86 ratio
2 BR0.86
2 BR
0.86ratio
FMR$1,729
Market$2,010
vs market-$281
FMR is below market; voucher rent may lag private rents.
90% standard$1,556 / 0.77 ratio110% standard$1,902 / 0.95 ratio
3 BR0.89
3 BR
0.89ratio
FMR$2,087
Market$2,340
vs market-$253
FMR is below market; voucher rent may lag private rents.
90% standard$1,878 / 0.80 ratio110% standard$2,296 / 0.98 ratio
4 BR1.04
4 BR
1.04ratio
FMR$2,480
Market$2,390
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$2,232 / 0.93 ratio110% standard$2,728 / 1.14 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 02824 (RI) 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.
02824 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 02824 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,729 and the 4 bedroom fair market rent is $2,480.
Use this page for searches like 02824 FMR, 02824 fair market rent, and 02824 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 | $1,318 |
| 1 bedroom | $1,402 |
| 2 bedroom | $1,729 |
| 3 bedroom | $2,087 |
| 4 bedroom | $2,480 |