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
$107,487
Cost breakdown
+Likely effective rent$1,140
HUD FMR$1,150
Market rentUsed$1,140
Est. payment standard (99%)$1,140
Market rent is below the inferred standard ($1,140, 99% of FMR).
-Principal and interest-$544
Loan amount$85,990
Down payment$21,497
Rate6.50%
Term30 years
-Operating costs-$396
Property taxes-$107
Insurance-$175
Utilities$0
HOA$0
Management-$114
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$18,546(86.3% ROI)
Projected value
$115,752
Current value$107,487
Return breakdown
Property appreciation+$8,265
Loan principal paid down+$3,081
Rental cash flow+$7,200
5-year hold
+$31,619(147.1% ROI)
Projected value
$121,612
Current value$107,487
Return breakdown
Property appreciation+$14,125
Loan principal paid down+$5,494
Rental cash flow+$12,000
10-year hold
+$67,196(312.6% ROI)
Projected value
$137,592
Current value$107,487
Return breakdown
Property appreciation+$30,105
Loan principal paid down+$13,091
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.
Studio1.08
Studio
1.08ratio
FMR$940
Market$870
vs market+$70
FMR is near market; voucher and private rents are aligned.
90% standard$846 / 0.97 ratio110% standard$1,034 / 1.19 ratio
1 BR0.92
1 BR
0.92ratio
FMR$960
Market$1,040
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$864 / 0.83 ratio110% standard$1,056 / 1.02 ratio
2 BR1.01
2 BR
1.01ratio
FMR$1,150
Market$1,140
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$1,035 / 0.91 ratio110% standard$1,265 / 1.11 ratio
3 BR1.08
3 BR
1.08ratio
FMR$1,510
Market$1,400
vs market+$110
FMR is near market; voucher and private rents are aligned.
90% standard$1,359 / 0.97 ratio110% standard$1,661 / 1.19 ratio
4 BR0.82
4 BR
0.82ratio
FMR$1,540
Market$1,870
vs market-$330
FMR is below market; voucher rent may lag private rents.
90% standard$1,386 / 0.74 ratio110% standard$1,694 / 0.91 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 46516 (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.
46516 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46516 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,150 and the 4 bedroom fair market rent is $1,540.
Use this page for searches like 46516 FMR, 46516 fair market rent, and 46516 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 | $940 |
| 1 bedroom | $960 |
| 2 bedroom | $1,150 |
| 3 bedroom | $1,510 |
| 4 bedroom | $1,540 |