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
$171,385
Cost breakdown
+Likely effective rent$1,570
HUD FMR$1,430
Market rent$1,730
Est. payment standard (110%)Used$1,570
Estimated payment standard is $1,570 (110% of FMR).
-Principal and interest-$867
Loan amount$137,108
Down payment$34,277
Rate6.50%
Term30 years
-Operating costs-$503
Property taxes-$171
Insurance-$175
Utilities$0
HOA$0
Management-$157
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$25,290(73.8% ROI)
Projected value
$184,563
Current value$171,385
Return breakdown
Property appreciation+$13,178
Loan principal paid down+$4,912
Rental cash flow+$7,200
5-year hold
+$43,281(126.3% ROI)
Projected value
$193,906
Current value$171,385
Return breakdown
Property appreciation+$22,521
Loan principal paid down+$8,760
Rental cash flow+$12,000
10-year hold
+$92,875(271.0% ROI)
Projected value
$219,387
Current value$171,385
Return breakdown
Property appreciation+$48,002
Loan principal paid down+$20,873
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.
Studio0.95
Studio
0.95ratio
FMR$1,170
Market$1,230
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,053 / 0.86 ratio110% standard$1,287 / 1.05 ratio
1 BR1.03
1 BR
1.03ratio
FMR$1,300
Market$1,260
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,170 / 0.93 ratio110% standard$1,430 / 1.13 ratio
2 BR0.83
2 BR
0.83ratio
FMR$1,430
Market$1,730
vs market-$300
FMR is below market; voucher rent may lag private rents.
90% standard$1,287 / 0.74 ratio110% standard$1,573 / 0.91 ratio
3 BR0.81
3 BR
0.81ratio
FMR$1,760
Market$2,180
vs market-$420
FMR is below market; voucher rent may lag private rents.
90% standard$1,584 / 0.73 ratio110% standard$1,936 / 0.89 ratio
4 BR1.01
4 BR
1.01ratio
FMR$2,400
Market$2,370
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$2,160 / 0.91 ratio110% standard$2,640 / 1.11 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 28724 (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.
28724 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28724 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,430 and the 4 bedroom fair market rent is $2,400.
Use this page for searches like 28724 FMR, 28724 fair market rent, and 28724 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 | $1,170 |
| 1 bedroom | $1,300 |
| 2 bedroom | $1,430 |
| 3 bedroom | $1,760 |
| 4 bedroom | $2,400 |