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
$205,563
Cost breakdown
+Likely effective rent$1,800
HUD FMR$1,729
Market rent$1,840
Est. payment standard (104%)Used$1,800
Estimated payment standard is $1,800 (104% of FMR).
-Principal and interest-$1,039
Loan amount$164,450
Down payment$41,113
Rate6.50%
Term30 years
-Operating costs-$561
Property taxes-$206
Insurance-$175
Utilities$0
HOA$0
Management-$180
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,898(70.3% ROI)
Projected value
$221,369
Current value$205,563
Return breakdown
Property appreciation+$15,806
Loan principal paid down+$5,892
Rental cash flow+$7,200
5-year hold
+$49,519(120.4% ROI)
Projected value
$232,575
Current value$205,563
Return breakdown
Property appreciation+$27,013
Loan principal paid down+$10,507
Rental cash flow+$12,000
10-year hold
+$106,611(259.3% ROI)
Projected value
$263,138
Current value$205,563
Return breakdown
Property appreciation+$57,575
Loan principal paid down+$25,036
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$1,318
Market$1,600
vs market-$282
FMR is below market; voucher rent may lag private rents.
90% standard$1,186 / 0.74 ratio110% standard$1,450 / 0.91 ratio
1 BR0.89
1 BR
0.89ratio
FMR$1,402
Market$1,570
vs market-$168
FMR is below market; voucher rent may lag private rents.
90% standard$1,262 / 0.80 ratio110% standard$1,542 / 0.98 ratio
2 BR0.94
2 BR
0.94ratio
FMR$1,729
Market$1,840
vs market-$111
FMR is near market; voucher and private rents are aligned.
90% standard$1,556 / 0.85 ratio110% standard$1,902 / 1.03 ratio
3 BR0.87
3 BR
0.87ratio
FMR$2,087
Market$2,400
vs market-$313
FMR is below market; voucher rent may lag private rents.
90% standard$1,878 / 0.78 ratio110% standard$2,296 / 0.96 ratio
4 BR0.97
4 BR
0.97ratio
FMR$2,480
Market$2,560
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$2,232 / 0.87 ratio110% standard$2,728 / 1.07 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 02860 (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.
02860 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 02860 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 02860 FMR, 02860 fair market rent, and 02860 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 |