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
$244,199
Cost breakdown
+Likely effective rent$2,060
HUD FMR$1,870
Market rent$2,230
Est. payment standard (110%)Used$2,060
Estimated payment standard is $2,060 (110% of FMR).
-Principal and interest-$1,235
Loan amount$195,359
Down payment$48,840
Rate6.50%
Term30 years
-Operating costs-$625
Property taxes-$244
Insurance-$175
Utilities$0
HOA$0
Management-$206
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$32,976(67.5% ROI)
Projected value
$262,975
Current value$244,199
Return breakdown
Property appreciation+$18,777
Loan principal paid down+$6,999
Rental cash flow+$7,200
5-year hold
+$56,571(115.8% ROI)
Projected value
$276,288
Current value$244,199
Return breakdown
Property appreciation+$32,090
Loan principal paid down+$12,482
Rental cash flow+$12,000
10-year hold
+$122,137(250.1% ROI)
Projected value
$312,595
Current value$244,199
Return breakdown
Property appreciation+$68,396
Loan principal paid down+$29,741
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.
Studio1.23
Studio
1.23ratio
FMR$1,630
Market$1,320
vs market+$310
FMR is above market; underwrite to market rent.
90% standard$1,467 / 1.11 ratio110% standard$1,793 / 1.36 ratio
1 BR1.09
1 BR
1.09ratio
FMR$1,710
Market$1,570
vs market+$140
FMR is near market; voucher and private rents are aligned.
90% standard$1,539 / 0.98 ratio110% standard$1,881 / 1.20 ratio
2 BR0.84
2 BR
0.84ratio
FMR$1,870
Market$2,230
vs market-$360
FMR is below market; voucher rent may lag private rents.
90% standard$1,683 / 0.75 ratio110% standard$2,057 / 0.92 ratio
3 BR0.89
3 BR
0.89ratio
FMR$2,300
Market$2,580
vs market-$280
FMR is below market; voucher rent may lag private rents.
90% standard$2,070 / 0.80 ratio110% standard$2,530 / 0.98 ratio
4 BR0.94
4 BR
0.94ratio
FMR$2,920
Market$3,100
vs market-$180
FMR is near market; voucher and private rents are aligned.
90% standard$2,628 / 0.85 ratio110% standard$3,212 / 1.04 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 28209 (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.
28209 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28209 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,870 and the 4 bedroom fair market rent is $2,920.
Use this page for searches like 28209 FMR, 28209 fair market rent, and 28209 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 | $1,630 |
| 1 bedroom | $1,710 |
| 2 bedroom | $1,870 |
| 3 bedroom | $2,300 |
| 4 bedroom | $2,920 |