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
$71,823
Cost breakdown
+Likely effective rent$900
HUD FMR$1,460
Market rentUsed$900
Est. payment standard (90%)$1,310
Market rent is below the inferred standard ($1,310, 90% of FMR).
-Principal and interest-$363
Loan amount$57,459
Down payment$14,365
Rate6.50%
Term30 years
-Operating costs-$337
Property taxes-$72
Insurance-$175
Utilities$0
HOA$0
Management-$90
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$14,781(102.9% ROI)
Projected value
$77,346
Current value$71,823
Return breakdown
Property appreciation+$5,523
Loan principal paid down+$2,059
Rental cash flow+$7,200
5-year hold
+$25,109(174.8% ROI)
Projected value
$81,261
Current value$71,823
Return breakdown
Property appreciation+$9,438
Loan principal paid down+$3,671
Rental cash flow+$12,000
10-year hold
+$52,864(368.0% ROI)
Projected value
$91,940
Current value$71,823
Return breakdown
Property appreciation+$20,117
Loan principal paid down+$8,747
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.
Studio1.27
Studio
1.27ratio
FMR$1,180
Market$930
vs market+$250
FMR is above market; underwrite to market rent.
90% standard$1,062 / 1.14 ratio110% standard$1,298 / 1.40 ratio
1 BR1.64
1 BR
1.64ratio
FMR$1,330
Market$810
vs market+$520
FMR is above market; underwrite to market rent.
2 BR1.62
2 BR
1.62ratio
FMR$1,460
Market$900
vs market+$560
FMR is above market; underwrite to market rent.
3 BR1.58
3 BR
1.58ratio
FMR$1,830
Market$1,160
vs market+$670
FMR is above market; underwrite to market rent.
4 BR1.43
4 BR
1.43ratio
FMR$2,080
Market$1,450
vs market+$630
FMR is above market; underwrite to market rent.
90% standard$1,872 / 1.29 ratio110% standard$2,288 / 1.58 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 35238 (AL) 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.
35238 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 35238 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,460 and the 4 bedroom fair market rent is $2,080.
Use this page for searches like 35238 FMR, 35238 fair market rent, and 35238 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 | $1,180 |
| 1 bedroom | $1,330 |
| 2 bedroom | $1,460 |
| 3 bedroom | $1,830 |
| 4 bedroom | $2,080 |