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
$202,591
Cost breakdown
+Likely effective rent$1,780
HUD FMR$1,620
Market rent$2,120
Est. payment standard (110%)Used$1,780
Estimated payment standard is $1,780 (110% of FMR).
-Principal and interest-$1,024
Loan amount$162,073
Down payment$40,518
Rate6.50%
Term30 years
-Operating costs-$556
Property taxes-$203
Insurance-$175
Utilities$0
HOA$0
Management-$178
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,584(70.5% ROI)
Projected value
$218,168
Current value$202,591
Return breakdown
Property appreciation+$15,577
Loan principal paid down+$5,807
Rental cash flow+$7,200
5-year hold
+$48,977(120.9% ROI)
Projected value
$229,213
Current value$202,591
Return breakdown
Property appreciation+$26,622
Loan principal paid down+$10,355
Rental cash flow+$12,000
10-year hold
+$105,416(260.2% ROI)
Projected value
$259,333
Current value$202,591
Return breakdown
Property appreciation+$56,743
Loan principal paid down+$24,674
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.
Studio1.21
Studio
1.21ratio
FMR$1,410
Market$1,170
vs market+$240
FMR is above market; underwrite to market rent.
90% standard$1,269 / 1.08 ratio110% standard$1,551 / 1.33 ratio
1 BR1.25
1 BR
1.25ratio
FMR$1,480
Market$1,180
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$1,332 / 1.13 ratio110% standard$1,628 / 1.38 ratio
2 BR0.76
2 BR
0.76ratio
FMR$1,620
Market$2,120
vs market-$500
FMR is below market; voucher rent may lag private rents.
90% standard$1,458 / 0.69 ratio110% standard$1,782 / 0.84 ratio
3 BR0.73
3 BR
0.73ratio
FMR$2,000
Market$2,730
vs market-$730
FMR is below market; voucher rent may lag private rents.
90% standard$1,800 / 0.66 ratio110% standard$2,200 / 0.81 ratio
4 BR0.97
4 BR
0.97ratio
FMR$2,530
Market$2,620
vs market-$90
FMR is near market; voucher and private rents are aligned.
90% standard$2,277 / 0.87 ratio110% standard$2,783 / 1.06 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 28205 (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.
28205 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28205 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,620 and the 4 bedroom fair market rent is $2,530.
Use this page for searches like 28205 FMR, 28205 fair market rent, and 28205 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 | $1,410 |
| 1 bedroom | $1,480 |
| 2 bedroom | $1,620 |
| 3 bedroom | $2,000 |
| 4 bedroom | $2,530 |