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
$89,655
Cost breakdown
+Likely effective rent$1,020
HUD FMR$970
Market rent$1,050
Est. payment standard (105%)Used$1,020
Estimated payment standard is $1,020 (105% of FMR).
-Principal and interest-$453
Loan amount$71,724
Down payment$17,931
Rate6.50%
Term30 years
-Operating costs-$367
Property taxes-$90
Insurance-$175
Utilities$0
HOA$0
Management-$102
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,663(92.9% ROI)
Projected value
$96,549
Current value$89,655
Return breakdown
Property appreciation+$6,894
Loan principal paid down+$2,570
Rental cash flow+$7,200
5-year hold
+$28,364(158.2% ROI)
Projected value
$101,437
Current value$89,655
Return breakdown
Property appreciation+$11,781
Loan principal paid down+$4,582
Rental cash flow+$12,000
10-year hold
+$60,030(334.8% ROI)
Projected value
$114,766
Current value$89,655
Return breakdown
Property appreciation+$25,111
Loan principal paid down+$10,919
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.
Studio0.93
Studio
0.93ratio
FMR$710
Market$760
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$639 / 0.84 ratio110% standard$781 / 1.03 ratio
1 BR1.10
1 BR
1.10ratio
FMR$780
Market$710
vs market+$70
FMR is near market; voucher and private rents are aligned.
90% standard$702 / 0.99 ratio110% standard$858 / 1.21 ratio
2 BR0.92
2 BR
0.92ratio
FMR$970
Market$1,050
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$873 / 0.83 ratio110% standard$1,067 / 1.02 ratio
3 BR1.09
3 BR
1.09ratio
FMR$1,280
Market$1,170
vs market+$110
FMR is near market; voucher and private rents are aligned.
90% standard$1,152 / 0.98 ratio110% standard$1,408 / 1.20 ratio
4 BR1.16
4 BR
1.16ratio
FMR$1,430
Market$1,230
vs market+$200
FMR is above market; underwrite to market rent.
90% standard$1,287 / 1.05 ratio110% standard$1,573 / 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 46953 (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.
46953 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 46953 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $970 and the 4 bedroom fair market rent is $1,430.
Use this page for searches like 46953 FMR, 46953 fair market rent, and 46953 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 | $710 |
| 1 bedroom | $780 |
| 2 bedroom | $970 |
| 3 bedroom | $1,280 |
| 4 bedroom | $1,430 |