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
$104,515
Cost breakdown
+Likely effective rent$1,120
HUD FMR$1,120
Market rent$1,120
Est. payment standard (100%)Used$1,120
Estimated payment standard is $1,120 (100% of FMR).
-Principal and interest-$528
Loan amount$83,612
Down payment$20,903
Rate6.50%
Term30 years
-Operating costs-$392
Property taxes-$105
Insurance-$175
Utilities$0
HOA$0
Management-$112
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$18,232(87.2% ROI)
Projected value
$112,551
Current value$104,515
Return breakdown
Property appreciation+$8,036
Loan principal paid down+$2,996
Rental cash flow+$7,200
5-year hold
+$31,076(148.7% ROI)
Projected value
$118,249
Current value$104,515
Return breakdown
Property appreciation+$13,734
Loan principal paid down+$5,342
Rental cash flow+$12,000
10-year hold
+$66,002(315.8% ROI)
Projected value
$133,788
Current value$104,515
Return breakdown
Property appreciation+$29,273
Loan principal paid down+$12,729
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.
Studio0.82
Studio
0.82ratio
FMR$980
Market$1,200
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$882 / 0.73 ratio110% standard$1,078 / 0.90 ratio
1 BR0.99
1 BR
0.99ratio
FMR$990
Market$1,000
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$891 / 0.89 ratio110% standard$1,089 / 1.09 ratio
2 BR1.00
2 BR
1.00ratio
FMR$1,120
Market$1,120
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$1,008 / 0.90 ratio110% standard$1,232 / 1.10 ratio
3 BR0.94
3 BR
0.94ratio
FMR$1,520
Market$1,620
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,368 / 0.84 ratio110% standard$1,672 / 1.03 ratio
4 BR0.92
4 BR
0.92ratio
FMR$1,880
Market$2,040
vs market-$160
FMR is near market; voucher and private rents are aligned.
90% standard$1,692 / 0.83 ratio110% standard$2,068 / 1.01 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 28331 (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.
28331 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28331 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,120 and the 4 bedroom fair market rent is $1,880.
Use this page for searches like 28331 FMR, 28331 fair market rent, and 28331 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 | $980 |
| 1 bedroom | $990 |
| 2 bedroom | $1,120 |
| 3 bedroom | $1,520 |
| 4 bedroom | $1,880 |