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
$160,983
Cost breakdown
+Likely effective rent$1,500
HUD FMR$1,360
Market rent$1,900
Est. payment standard (110%)Used$1,500
Estimated payment standard is $1,500 (110% of FMR).
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Current value$160,983
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Current value$160,983
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Current value$160,983
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
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.
Studio0.61
Studio
0.61ratio
FMR$1,160
Market$1,890
vs market-$730
FMR is below market; voucher rent may lag private rents.
90% standard$1,044 / 0.55 ratio110% standard$1,276 / 0.68 ratio
1 BR0.87
1 BR
0.87ratio
FMR$1,240
Market$1,430
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,116 / 0.78 ratio110% standard$1,364 / 0.95 ratio
2 BR0.72
2 BR
0.72ratio
FMR$1,360
Market$1,900
vs market-$540
FMR is below market; voucher rent may lag private rents.
90% standard$1,224 / 0.64 ratio110% standard$1,496 / 0.79 ratio
3 BR0.94
3 BR
0.94ratio
FMR$1,890
Market$2,010
vs market-$120
FMR is near market; voucher and private rents are aligned.
90% standard$1,701 / 0.85 ratio110% standard$2,079 / 1.03 ratio
4 BR0.88
4 BR
0.88ratio
FMR$2,280
Market$2,580
vs market-$300
FMR is below market; voucher rent may lag private rents.
90% standard$2,052 / 0.80 ratio110% standard$2,508 / 0.97 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 28370 (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.
28370 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28370 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,360 and the 4 bedroom fair market rent is $2,280.
Use this page for searches like 28370 FMR, 28370 fair market rent, and 28370 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 | $1,160 |
| 1 bedroom | $1,240 |
| 2 bedroom | $1,360 |
| 3 bedroom | $1,890 |
| 4 bedroom | $2,280 |