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
$211,507
Cost breakdown
+Likely effective rent$1,840
HUD FMR$2,070
Market rentUsed$1,840
Est. payment standard (93%)$1,920
Market rent is below the inferred standard ($1,920, 93% of FMR).
-Principal and interest-$1,069
Loan amount$169,205
Down payment$42,301
Rate6.50%
Term30 years
-Operating costs-$571
Property taxes-$212
Insurance-$175
Utilities$0
HOA$0
Management-$184
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$29,525(69.8% ROI)
Projected value
$227,770
Current value$211,507
Return breakdown
Property appreciation+$16,263
Loan principal paid down+$6,062
Rental cash flow+$7,200
5-year hold
+$50,604(119.6% ROI)
Projected value
$239,300
Current value$211,507
Return breakdown
Property appreciation+$27,794
Loan principal paid down+$10,811
Rental cash flow+$12,000
10-year hold
+$108,999(257.7% ROI)
Projected value
$270,747
Current value$211,507
Return breakdown
Property appreciation+$59,240
Loan principal paid down+$25,760
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio1.23
Studio
1.23ratio
FMR$1,620
Market$1,320
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$1,458 / 1.10 ratio110% standard$1,782 / 1.35 ratio
1 BR1.36
1 BR
1.36ratio
FMR$1,890
Market$1,390
vs market+$500
FMR is above market; underwrite to market rent.
90% standard$1,701 / 1.22 ratio110% standard$2,079 / 1.50 ratio
2 BR1.13
2 BR
1.13ratio
FMR$2,070
Market$1,840
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,863 / 1.01 ratio110% standard$2,277 / 1.24 ratio
3 BR1.10
3 BR
1.10ratio
FMR$2,520
Market$2,290
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$2,268 / 0.99 ratio110% standard$2,772 / 1.21 ratio
4 BR1.28
4 BR
1.28ratio
FMR$3,470
Market$2,720
vs market+$750
FMR is above market; underwrite to market rent.
90% standard$3,123 / 1.15 ratio110% standard$3,817 / 1.40 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across 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 28803 (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.
28803 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28803 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,070 and the 4 bedroom fair market rent is $3,470.
Use this page for searches like 28803 FMR, 28803 fair market rent, and 28803 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 | $1,620 |
| 1 bedroom | $1,890 |
| 2 bedroom | $2,070 |
| 3 bedroom | $2,520 |
| 4 bedroom | $3,470 |