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
$104,515
Cost breakdown
+Likely effective rent$1,120
HUD FMR$1,020
Market rent$1,510
Est. payment standard (110%)Used$1,120
Estimated payment standard is $1,120 (110% of FMR).
-Principal and interest-$528
Loan amount$83,612
Down payment$20,903
Rate6.50%
Term30 years
-Operating costs-$392
Property taxes-$105
Insurance-$175
Utilities$0
HOA$0
Management-$112
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$18,232(87.2% ROI)
Projected value
$112,551
Current value$104,515
Return breakdown
Property appreciation+$8,036
Loan principal paid down+$2,996
Rental cash flow+$7,200
5-year hold
+$31,076(148.7% ROI)
Projected value
$118,249
Current value$104,515
Return breakdown
Property appreciation+$13,734
Loan principal paid down+$5,342
Rental cash flow+$12,000
10-year hold
+$66,002(315.8% ROI)
Projected value
$133,788
Current value$104,515
Return breakdown
Property appreciation+$29,273
Loan principal paid down+$12,729
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.
Studio0.88
Studio
0.88ratio
FMR$800
Market$910
vs market-$110
FMR is below market; voucher rent may lag private rents.
90% standard$720 / 0.79 ratio110% standard$880 / 0.97 ratio
1 BR0.72
1 BR
0.72ratio
FMR$870
Market$1,200
vs market-$330
FMR is below market; voucher rent may lag private rents.
90% standard$783 / 0.65 ratio110% standard$957 / 0.80 ratio
2 BR0.68
2 BR
0.68ratio
FMR$1,020
Market$1,510
vs market-$490
FMR is below market; voucher rent may lag private rents.
90% standard$918 / 0.61 ratio110% standard$1,122 / 0.74 ratio
3 BR0.93
3 BR
0.93ratio
FMR$1,330
Market$1,430
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,197 / 0.84 ratio110% standard$1,463 / 1.02 ratio
4 BR0.76
4 BR
0.76ratio
FMR$1,360
Market$1,780
vs market-$420
FMR is below market; voucher rent may lag private rents.
90% standard$1,224 / 0.69 ratio110% standard$1,496 / 0.84 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 36602 (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.
36602 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 36602 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,020 and the 4 bedroom fair market rent is $1,360.
Use this page for searches like 36602 FMR, 36602 fair market rent, and 36602 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 | $800 |
| 1 bedroom | $870 |
| 2 bedroom | $1,020 |
| 3 bedroom | $1,330 |
| 4 bedroom | $1,360 |