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
$98,571
Cost breakdown
+Likely effective rent$1,080
HUD FMR$990
Market rent$1,130
Est. payment standard (109%)Used$1,080
Estimated payment standard is $1,080 (109% of FMR).
-Principal and interest-$498
Loan amount$78,857
Down payment$19,714
Rate6.50%
Term30 years
-Operating costs-$382
Property taxes-$99
Insurance-$175
Utilities$0
HOA$0
Management-$108
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,604(89.3% ROI)
Projected value
$106,150
Current value$98,571
Return breakdown
Property appreciation+$7,579
Loan principal paid down+$2,825
Rental cash flow+$7,200
5-year hold
+$29,991(152.1% ROI)
Projected value
$111,524
Current value$98,571
Return breakdown
Property appreciation+$12,953
Loan principal paid down+$5,038
Rental cash flow+$12,000
10-year hold
+$63,613(322.7% ROI)
Projected value
$126,179
Current value$98,571
Return breakdown
Property appreciation+$27,608
Loan principal paid down+$12,005
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.
Studio0.73
Studio
0.73ratio
FMR$710
Market$970
vs market-$260
FMR is below market; voucher rent may lag private rents.
90% standard$639 / 0.66 ratio110% standard$781 / 0.81 ratio
1 BR0.85
1 BR
0.85ratio
FMR$810
Market$950
vs market-$140
FMR is below market; voucher rent may lag private rents.
90% standard$729 / 0.77 ratio110% standard$891 / 0.94 ratio
2 BR0.88
2 BR
0.88ratio
FMR$990
Market$1,130
vs market-$140
FMR is below market; voucher rent may lag private rents.
90% standard$891 / 0.79 ratio110% standard$1,089 / 0.96 ratio
3 BR1.03
3 BR
1.03ratio
FMR$1,260
Market$1,220
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,134 / 0.93 ratio110% standard$1,386 / 1.14 ratio
4 BR1.18
4 BR
1.18ratio
FMR$1,500
Market$1,270
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,350 / 1.06 ratio110% standard$1,650 / 1.30 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 47421 (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.
47421 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 47421 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $990 and the 4 bedroom fair market rent is $1,500.
Use this page for searches like 47421 FMR, 47421 fair market rent, and 47421 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 | $810 |
| 2 bedroom | $990 |
| 3 bedroom | $1,260 |
| 4 bedroom | $1,500 |