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
$117,889
Cost breakdown
+Likely effective rent$1,210
HUD FMR$1,500
Market rentUsed$1,210
Est. payment standard (90%)$1,350
Market rent is below the inferred standard ($1,350, 90% of FMR).
-Principal and interest-$596
Loan amount$94,311
Down payment$23,578
Rate6.50%
Term30 years
-Operating costs-$414
Property taxes-$118
Insurance-$175
Utilities$0
HOA$0
Management-$121
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,644(83.3% ROI)
Projected value
$126,954
Current value$117,889
Return breakdown
Property appreciation+$9,065
Loan principal paid down+$3,379
Rental cash flow+$7,200
5-year hold
+$33,517(142.2% ROI)
Projected value
$133,381
Current value$117,889
Return breakdown
Property appreciation+$15,492
Loan principal paid down+$6,026
Rental cash flow+$12,000
10-year hold
+$71,377(302.7% ROI)
Projected value
$150,908
Current value$117,889
Return breakdown
Property appreciation+$33,019
Loan principal paid down+$14,358
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.
Studio1.28
Studio
1.28ratio
FMR$1,140
Market$890
vs market+$250
FMR is above market; underwrite to market rent.
90% standard$1,026 / 1.15 ratio110% standard$1,254 / 1.41 ratio
1 BR1.29
1 BR
1.29ratio
FMR$1,290
Market$1,000
vs market+$290
FMR is above market; underwrite to market rent.
90% standard$1,161 / 1.16 ratio110% standard$1,419 / 1.42 ratio
2 BR1.24
2 BR
1.24ratio
FMR$1,500
Market$1,210
vs market+$290
FMR is above market; underwrite to market rent.
90% standard$1,350 / 1.12 ratio110% standard$1,650 / 1.36 ratio
3 BR1.18
3 BR
1.18ratio
FMR$1,940
Market$1,640
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$1,746 / 1.06 ratio110% standard$2,134 / 1.30 ratio
4 BR1.42
4 BR
1.42ratio
FMR$2,380
Market$1,680
vs market+$700
FMR is above market; underwrite to market rent.
90% standard$2,142 / 1.28 ratio110% standard$2,618 / 1.56 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 46205 (IN) 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.
46205 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46205 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,500 and the 4 bedroom fair market rent is $2,380.
Use this page for searches like 46205 FMR, 46205 fair market rent, and 46205 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 | $1,140 |
| 1 bedroom | $1,290 |
| 2 bedroom | $1,500 |
| 3 bedroom | $1,940 |
| 4 bedroom | $2,380 |