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
$129,777
Cost breakdown
+Likely effective rent$1,290
HUD FMR$1,177
Market rent$1,850
Est. payment standard (110%)Used$1,290
Estimated payment standard is $1,290 (110% of FMR).
-Principal and interest-$656
Loan amount$103,822
Down payment$25,955
Rate6.50%
Term30 years
-Operating costs-$434
Property taxes-$130
Insurance-$175
Utilities$0
HOA$0
Management-$129
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$20,898(80.5% ROI)
Projected value
$139,756
Current value$129,777
Return breakdown
Property appreciation+$9,979
Loan principal paid down+$3,720
Rental cash flow+$7,200
5-year hold
+$35,687(137.5% ROI)
Projected value
$146,831
Current value$129,777
Return breakdown
Property appreciation+$17,054
Loan principal paid down+$6,633
Rental cash flow+$12,000
10-year hold
+$76,154(293.4% ROI)
Projected value
$166,126
Current value$129,777
Return breakdown
Property appreciation+$36,349
Loan principal paid down+$15,806
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.
Studio0.89
Studio
0.89ratio
FMR$822
Market$920
vs market-$98
FMR is below market; voucher rent may lag private rents.
90% standard$740 / 0.80 ratio110% standard$904 / 0.98 ratio
1 BR0.90
1 BR
0.90ratio
FMR$988
Market$1,100
vs market-$112
FMR is below market; voucher rent may lag private rents.
90% standard$889 / 0.81 ratio110% standard$1,087 / 0.99 ratio
2 BR0.64
2 BR
0.64ratio
FMR$1,177
Market$1,850
vs market-$673
FMR is below market; voucher rent may lag private rents.
90% standard$1,059 / 0.57 ratio110% standard$1,295 / 0.70 ratio
3 BR0.64
3 BR
0.64ratio
FMR$1,504
Market$2,340
vs market-$836
FMR is below market; voucher rent may lag private rents.
90% standard$1,354 / 0.58 ratio110% standard$1,654 / 0.71 ratio
4 BR0.77
4 BR
0.77ratio
FMR$1,974
Market$2,570
vs market-$596
FMR is below market; voucher rent may lag private rents.
90% standard$1,777 / 0.69 ratio110% standard$2,171 / 0.84 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for 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 28608 (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 FMR 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.
28608 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 28608 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,177 and the 4 bedroom fair market rent is $1,974.
Use this page for searches like 28608 FMR, 28608 fair market rent, and 28608 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 | $822 |
| 1 bedroom | $988 |
| 2 bedroom | $1,177 |
| 3 bedroom | $1,504 |
| 4 bedroom | $1,974 |