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
$100,057
Cost breakdown
+Likely effective rent$1,090
HUD FMR$1,190
Market rentUsed$1,090
Est. payment standard (95%)$1,130
Market rent is below the inferred standard ($1,130, 95% of FMR).
-Principal and interest-$506
Loan amount$80,046
Down payment$20,011
Rate6.50%
Term30 years
-Operating costs-$384
Property taxes-$100
Insurance-$175
Utilities$0
HOA$0
Management-$109
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,761(88.8% ROI)
Projected value
$107,751
Current value$100,057
Return breakdown
Property appreciation+$7,693
Loan principal paid down+$2,868
Rental cash flow+$7,200
5-year hold
+$30,262(151.2% ROI)
Projected value
$113,205
Current value$100,057
Return breakdown
Property appreciation+$13,148
Loan principal paid down+$5,114
Rental cash flow+$12,000
10-year hold
+$64,210(320.9% ROI)
Projected value
$128,081
Current value$100,057
Return breakdown
Property appreciation+$28,024
Loan principal paid down+$12,186
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.
Studio0.86
Studio
0.86ratio
FMR$840
Market$980
vs market-$140
FMR is below market; voucher rent may lag private rents.
90% standard$756 / 0.77 ratio110% standard$924 / 0.94 ratio
1 BR0.92
1 BR
0.92ratio
FMR$910
Market$990
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$819 / 0.83 ratio110% standard$1,001 / 1.01 ratio
2 BR1.09
2 BR
1.09ratio
FMR$1,190
Market$1,090
vs market+$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,071 / 0.98 ratio110% standard$1,309 / 1.20 ratio
3 BR1.34
3 BR
1.34ratio
FMR$1,550
Market$1,160
vs market+$390
FMR is above market; underwrite to market rent.
90% standard$1,395 / 1.20 ratio110% standard$1,705 / 1.47 ratio
4 BR1.61
4 BR
1.61ratio
FMR$1,900
Market$1,180
vs market+$720
FMR is above market; underwrite to market rent.
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 47588 (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.
47588 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 47588 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,190 and the 4 bedroom fair market rent is $1,900.
Use this page for searches like 47588 FMR, 47588 fair market rent, and 47588 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 | $840 |
| 1 bedroom | $910 |
| 2 bedroom | $1,190 |
| 3 bedroom | $1,550 |
| 4 bedroom | $1,900 |