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
$116,403
Cost breakdown
+Likely effective rent$1,200
HUD FMR$1,170
Market rent$1,220
Est. payment standard (103%)Used$1,200
Estimated payment standard is $1,200 (103% of FMR).
-Principal and interest-$589
Loan amount$93,122
Down payment$23,281
Rate6.50%
Term30 years
-Operating costs-$411
Property taxes-$116
Insurance-$175
Utilities$0
HOA$0
Management-$120
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,487(83.7% ROI)
Projected value
$125,353
Current value$116,403
Return breakdown
Property appreciation+$8,950
Loan principal paid down+$3,336
Rental cash flow+$7,200
5-year hold
+$33,246(142.8% ROI)
Projected value
$131,699
Current value$116,403
Return breakdown
Property appreciation+$15,296
Loan principal paid down+$5,950
Rental cash flow+$12,000
10-year hold
+$70,780(304.0% ROI)
Projected value
$149,006
Current value$116,403
Return breakdown
Property appreciation+$32,603
Loan principal paid down+$14,177
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.
Studio0.84
Studio
0.84ratio
FMR$850
Market$1,010
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$765 / 0.76 ratio110% standard$935 / 0.93 ratio
1 BR0.90
1 BR
0.90ratio
FMR$960
Market$1,070
vs market-$110
FMR is below market; voucher rent may lag private rents.
90% standard$864 / 0.81 ratio110% standard$1,056 / 0.99 ratio
2 BR0.96
2 BR
0.96ratio
FMR$1,170
Market$1,220
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,053 / 0.86 ratio110% standard$1,287 / 1.05 ratio
3 BR0.86
3 BR
0.86ratio
FMR$1,430
Market$1,660
vs market-$230
FMR is below market; voucher rent may lag private rents.
90% standard$1,287 / 0.78 ratio110% standard$1,573 / 0.95 ratio
4 BR0.99
4 BR
0.99ratio
FMR$1,550
Market$1,560
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$1,395 / 0.89 ratio110% standard$1,705 / 1.09 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 46406 (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.
46406 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46406 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,170 and the 4 bedroom fair market rent is $1,550.
Use this page for searches like 46406 FMR, 46406 fair market rent, and 46406 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 | $850 |
| 1 bedroom | $960 |
| 2 bedroom | $1,170 |
| 3 bedroom | $1,430 |
| 4 bedroom | $1,550 |