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
$254,601
Cost breakdown
+Likely effective rent$2,130
HUD FMR$1,940
Market rent$2,970
Est. payment standard (110%)Used$2,130
Estimated payment standard is $2,130 (110% of FMR).
-Principal and interest-$1,287
Loan amount$203,681
Down payment$50,920
Rate6.50%
Term30 years
-Operating costs-$643
Property taxes-$255
Insurance-$175
Utilities$0
HOA$0
Management-$213
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,074(66.9% ROI)
Projected value
$274,177
Current value$254,601
Return breakdown
Property appreciation+$19,576
Loan principal paid down+$7,297
Rental cash flow+$7,200
5-year hold
+$58,470(114.8% ROI)
Projected value
$288,057
Current value$254,601
Return breakdown
Property appreciation+$33,457
Loan principal paid down+$13,013
Rental cash flow+$12,000
10-year hold
+$126,318(248.1% ROI)
Projected value
$325,910
Current value$254,601
Return breakdown
Property appreciation+$71,310
Loan principal paid down+$31,008
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.
Studio0.64
Studio
0.64ratio
FMR$1,340
Market$2,090
vs market-$750
FMR is below market; voucher rent may lag private rents.
90% standard$1,206 / 0.58 ratio110% standard$1,474 / 0.71 ratio
1 BR0.74
1 BR
0.74ratio
FMR$1,520
Market$2,060
vs market-$540
FMR is below market; voucher rent may lag private rents.
90% standard$1,368 / 0.66 ratio110% standard$1,672 / 0.81 ratio
2 BR0.65
2 BR
0.65ratio
FMR$1,940
Market$2,970
vs market-$1,030
FMR is below market; voucher rent may lag private rents.
90% standard$1,746 / 0.59 ratio110% standard$2,134 / 0.72 ratio
3 BR0.65
3 BR
0.65ratio
FMR$2,460
Market$3,780
vs market-$1,320
FMR is below market; voucher rent may lag private rents.
90% standard$2,214 / 0.59 ratio110% standard$2,706 / 0.72 ratio
4 BR0.61
4 BR
0.61ratio
FMR$2,640
Market$4,310
vs market-$1,670
FMR is below market; voucher rent may lag private rents.
90% standard$2,376 / 0.55 ratio110% standard$2,904 / 0.67 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for all bedroom 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 12602 (NY) 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.
12602 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 12602 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,940 and the 4 bedroom fair market rent is $2,640.
Use this page for searches like 12602 FMR, 12602 fair market rent, and 12602 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 | $1,340 |
| 1 bedroom | $1,520 |
| 2 bedroom | $1,940 |
| 3 bedroom | $2,460 |
| 4 bedroom | $2,640 |