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
$88,169
Cost breakdown
+Likely effective rent$1,010
HUD FMR$1,120
Market rentUsed$1,010
Est. payment standard (94%)$1,050
Market rent is below the inferred standard ($1,050, 94% of FMR).
-Principal and interest-$446
Loan amount$70,535
Down payment$17,634
Rate6.50%
Term30 years
-Operating costs-$364
Property taxes-$88
Insurance-$175
Utilities$0
HOA$0
Management-$101
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,506(93.6% ROI)
Projected value
$94,948
Current value$88,169
Return breakdown
Property appreciation+$6,779
Loan principal paid down+$2,527
Rental cash flow+$7,200
5-year hold
+$28,093(159.3% ROI)
Projected value
$99,755
Current value$88,169
Return breakdown
Property appreciation+$11,586
Loan principal paid down+$4,507
Rental cash flow+$12,000
10-year hold
+$59,433(337.0% ROI)
Projected value
$112,864
Current value$88,169
Return breakdown
Property appreciation+$24,695
Loan principal paid down+$10,738
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.
Studio1.07
Studio
1.07ratio
FMR$880
Market$820
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$792 / 0.97 ratio110% standard$968 / 1.18 ratio
1 BR0.98
1 BR
0.98ratio
FMR$890
Market$910
vs market-$20
FMR is near market; voucher and private rents are aligned.
90% standard$801 / 0.88 ratio110% standard$979 / 1.08 ratio
2 BR1.11
2 BR
1.11ratio
FMR$1,120
Market$1,010
vs market+$110
FMR is above market; underwrite to market rent.
90% standard$1,008 / 1.00 ratio110% standard$1,232 / 1.22 ratio
3 BR1.03
3 BR
1.03ratio
FMR$1,380
Market$1,340
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,242 / 0.93 ratio110% standard$1,518 / 1.13 ratio
4 BR1.16
4 BR
1.16ratio
FMR$1,560
Market$1,340
vs market+$220
FMR is above market; underwrite to market rent.
90% standard$1,404 / 1.05 ratio110% standard$1,716 / 1.28 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents for larger 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 46904 (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.
46904 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46904 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,120 and the 4 bedroom fair market rent is $1,560.
Use this page for searches like 46904 FMR, 46904 fair market rent, and 46904 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 | $880 |
| 1 bedroom | $890 |
| 2 bedroom | $1,120 |
| 3 bedroom | $1,380 |
| 4 bedroom | $1,560 |