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
$260,545
Cost breakdown
+Likely effective rent$2,170
HUD FMR$2,530
Market rentUsed$2,170
Est. payment standard (91%)$2,300
Market rent is below the inferred standard ($2,300, 91% of FMR).
-Principal and interest-$1,317
Loan amount$208,436
Down payment$52,109
Rate6.50%
Term30 years
-Operating costs-$653
Property taxes-$261
Insurance-$175
Utilities$0
HOA$0
Management-$217
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,701(66.6% ROI)
Projected value
$280,578
Current value$260,545
Return breakdown
Property appreciation+$20,033
Loan principal paid down+$7,468
Rental cash flow+$7,200
5-year hold
+$59,555(114.3% ROI)
Projected value
$294,782
Current value$260,545
Return breakdown
Property appreciation+$34,238
Loan principal paid down+$13,317
Rental cash flow+$12,000
10-year hold
+$128,707(247.0% ROI)
Projected value
$333,519
Current value$260,545
Return breakdown
Property appreciation+$72,975
Loan principal paid down+$31,732
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.
Studio1.48
Studio
1.48ratio
FMR$2,200
Market$1,490
vs market+$710
FMR is above market; underwrite to market rent.
90% standard$1,980 / 1.33 ratio110% standard$2,420 / 1.62 ratio
1 BR1.28
1 BR
1.28ratio
FMR$2,310
Market$1,800
vs market+$510
FMR is above market; underwrite to market rent.
90% standard$2,079 / 1.16 ratio110% standard$2,541 / 1.41 ratio
2 BR1.17
2 BR
1.17ratio
FMR$2,530
Market$2,170
vs market+$360
FMR is above market; underwrite to market rent.
90% standard$2,277 / 1.05 ratio110% standard$2,783 / 1.28 ratio
3 BR1.45
3 BR
1.45ratio
FMR$3,120
Market$2,150
vs market+$970
FMR is above market; underwrite to market rent.
90% standard$2,808 / 1.31 ratio110% standard$3,432 / 1.60 ratio
4 BR1.70
4 BR
1.70ratio
FMR$3,960
Market$2,330
vs market+$1,630
FMR is above market; underwrite to market rent.
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across 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 28202 (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.
28202 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28202 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,530 and the 4 bedroom fair market rent is $3,960.
Use this page for searches like 28202 FMR, 28202 fair market rent, and 28202 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 | $2,200 |
| 1 bedroom | $2,310 |
| 2 bedroom | $2,530 |
| 3 bedroom | $3,120 |
| 4 bedroom | $3,960 |