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
$91,141
Cost breakdown
+Likely effective rent$1,030
HUD FMR$940
Market rent$1,330
Est. payment standard (110%)Used$1,030
Estimated payment standard is $1,030 (110% of FMR).
-Principal and interest-$461
Loan amount$72,913
Down payment$18,228
Rate6.50%
Term30 years
-Operating costs-$369
Property taxes-$91
Insurance-$175
Utilities$0
HOA$0
Management-$103
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,820(92.3% ROI)
Projected value
$98,149
Current value$91,141
Return breakdown
Property appreciation+$7,008
Loan principal paid down+$2,612
Rental cash flow+$7,200
5-year hold
+$28,635(157.1% ROI)
Projected value
$103,118
Current value$91,141
Return breakdown
Property appreciation+$11,977
Loan principal paid down+$4,658
Rental cash flow+$12,000
10-year hold
+$60,627(332.6% ROI)
Projected value
$116,668
Current value$91,141
Return breakdown
Property appreciation+$25,527
Loan principal paid down+$11,100
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.
Studio0.61
Studio
0.61ratio
FMR$650
Market$1,070
vs market-$420
FMR is below market; voucher rent may lag private rents.
90% standard$585 / 0.55 ratio110% standard$715 / 0.67 ratio
1 BR0.68
1 BR
0.68ratio
FMR$720
Market$1,060
vs market-$340
FMR is below market; voucher rent may lag private rents.
90% standard$648 / 0.61 ratio110% standard$792 / 0.75 ratio
2 BR0.71
2 BR
0.71ratio
FMR$940
Market$1,330
vs market-$390
FMR is below market; voucher rent may lag private rents.
90% standard$846 / 0.64 ratio110% standard$1,034 / 0.78 ratio
3 BR0.87
3 BR
0.87ratio
FMR$1,300
Market$1,490
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,170 / 0.79 ratio110% standard$1,430 / 0.96 ratio
4 BR0.94
4 BR
0.94ratio
FMR$1,470
Market$1,570
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,323 / 0.84 ratio110% standard$1,617 / 1.03 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 28009 (NC) 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.
28009 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28009 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $940 and the 4 bedroom fair market rent is $1,470.
Use this page for searches like 28009 FMR, 28009 fair market rent, and 28009 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 | $650 |
| 1 bedroom | $720 |
| 2 bedroom | $940 |
| 3 bedroom | $1,300 |
| 4 bedroom | $1,470 |