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
$162,469
Cost breakdown
+Likely effective rent$1,510
HUD FMR$1,470
Market rent$1,530
Est. payment standard (103%)Used$1,510
Estimated payment standard is $1,510 (103% of FMR).
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Current value$162,469
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Current value$162,469
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Current value$162,469
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
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.
Studio1.02
Studio
1.02ratio
FMR$1,280
Market$1,260
vs market+$20
FMR is near market; voucher and private rents are aligned.
90% standard$1,152 / 0.91 ratio110% standard$1,408 / 1.12 ratio
1 BR1.03
1 BR
1.03ratio
FMR$1,340
Market$1,300
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,206 / 0.93 ratio110% standard$1,474 / 1.13 ratio
2 BR0.96
2 BR
0.96ratio
FMR$1,470
Market$1,530
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,323 / 0.86 ratio110% standard$1,617 / 1.06 ratio
3 BR0.95
3 BR
0.95ratio
FMR$1,810
Market$1,910
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,629 / 0.85 ratio110% standard$1,991 / 1.04 ratio
4 BR1.06
4 BR
1.06ratio
FMR$2,300
Market$2,160
vs market+$140
FMR is near market; voucher and private rents are aligned.
90% standard$2,070 / 0.96 ratio110% standard$2,530 / 1.17 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are well-aligned with 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 28208 (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.
28208 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28208 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,470 and the 4 bedroom fair market rent is $2,300.
Use this page for searches like 28208 FMR, 28208 fair market rent, and 28208 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 | $1,280 |
| 1 bedroom | $1,340 |
| 2 bedroom | $1,470 |
| 3 bedroom | $1,810 |
| 4 bedroom | $2,300 |