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
$187,731
Cost breakdown
+Likely effective rent$1,680
HUD FMR$1,830
Market rentUsed$1,680
Est. payment standard (95%)$1,730
Market rent is below the inferred standard ($1,730, 95% of FMR).
-Principal and interest-$949
Loan amount$150,185
Down payment$37,546
Rate6.50%
Term30 years
-Operating costs-$531
Property taxes-$188
Insurance-$175
Utilities$0
HOA$0
Management-$168
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,015(72.0% ROI)
Projected value
$202,166
Current value$187,731
Return breakdown
Property appreciation+$14,435
Loan principal paid down+$5,381
Rental cash flow+$7,200
5-year hold
+$46,265(123.2% ROI)
Projected value
$212,400
Current value$187,731
Return breakdown
Property appreciation+$24,669
Loan principal paid down+$9,595
Rental cash flow+$12,000
10-year hold
+$99,444(264.9% ROI)
Projected value
$240,311
Current value$187,731
Return breakdown
Property appreciation+$52,581
Loan principal paid down+$22,864
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.
Studio1.03
Studio
1.03ratio
FMR$1,440
Market$1,400
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,296 / 0.93 ratio110% standard$1,584 / 1.13 ratio
1 BR0.96
1 BR
0.96ratio
FMR$1,670
Market$1,740
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$1,503 / 0.86 ratio110% standard$1,837 / 1.06 ratio
2 BR1.09
2 BR
1.09ratio
FMR$1,830
Market$1,680
vs market+$150
FMR is near market; voucher and private rents are aligned.
90% standard$1,647 / 0.98 ratio110% standard$2,013 / 1.20 ratio
3 BR0.98
3 BR
0.98ratio
FMR$2,230
Market$2,270
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$2,007 / 0.88 ratio110% standard$2,453 / 1.08 ratio
4 BR1.03
4 BR
1.03ratio
FMR$3,070
Market$2,970
vs market+$100
FMR is near market; voucher and private rents are aligned.
90% standard$2,763 / 0.93 ratio110% standard$3,377 / 1.14 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are well-aligned with 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 28804 (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.
28804 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 28804 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,830 and the 4 bedroom fair market rent is $3,070.
Use this page for searches like 28804 FMR, 28804 fair market rent, and 28804 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 | $1,440 |
| 1 bedroom | $1,670 |
| 2 bedroom | $1,830 |
| 3 bedroom | $2,230 |
| 4 bedroom | $3,070 |