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
$98,571
Cost breakdown
+Likely effective rent$1,080
HUD FMR$980
Market rent$1,160
Est. payment standard (110%)Used$1,080
Estimated payment standard is $1,080 (110% of FMR).
-Principal and interest-$498
Loan amount$78,857
Down payment$19,714
Rate6.50%
Term30 years
-Operating costs-$382
Property taxes-$99
Insurance-$175
Utilities$0
HOA$0
Management-$108
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,604(89.3% ROI)
Projected value
$106,150
Current value$98,571
Return breakdown
Property appreciation+$7,579
Loan principal paid down+$2,825
Rental cash flow+$7,200
5-year hold
+$29,991(152.1% ROI)
Projected value
$111,524
Current value$98,571
Return breakdown
Property appreciation+$12,953
Loan principal paid down+$5,038
Rental cash flow+$12,000
10-year hold
+$63,613(322.7% ROI)
Projected value
$126,179
Current value$98,571
Return breakdown
Property appreciation+$27,608
Loan principal paid down+$12,005
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.
Studio0.73
Studio
0.73ratio
FMR$770
Market$1,050
vs market-$280
FMR is below market; voucher rent may lag private rents.
90% standard$693 / 0.66 ratio110% standard$847 / 0.81 ratio
1 BR0.77
1 BR
0.77ratio
FMR$790
Market$1,030
vs market-$240
FMR is below market; voucher rent may lag private rents.
90% standard$711 / 0.69 ratio110% standard$869 / 0.84 ratio
2 BR0.84
2 BR
0.84ratio
FMR$980
Market$1,160
vs market-$180
FMR is below market; voucher rent may lag private rents.
90% standard$882 / 0.76 ratio110% standard$1,078 / 0.93 ratio
3 BR0.88
3 BR
0.88ratio
FMR$1,290
Market$1,460
vs market-$170
FMR is below market; voucher rent may lag private rents.
90% standard$1,161 / 0.80 ratio110% standard$1,419 / 0.97 ratio
4 BR0.85
4 BR
0.85ratio
FMR$1,580
Market$1,850
vs market-$270
FMR is below market; voucher rent may lag private rents.
90% standard$1,422 / 0.77 ratio110% standard$1,738 / 0.94 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 35602 (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.
35602 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 35602 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $980 and the 4 bedroom fair market rent is $1,580.
Use this page for searches like 35602 FMR, 35602 fair market rent, and 35602 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 | $770 |
| 1 bedroom | $790 |
| 2 bedroom | $980 |
| 3 bedroom | $1,290 |
| 4 bedroom | $1,580 |