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
$76,281
Cost breakdown
+Likely effective rent$930
HUD FMR$1,320
Market rentUsed$930
Est. payment standard (90%)$1,190
Market rent is below the inferred standard ($1,190, 90% of FMR).
-Principal and interest-$386
Loan amount$61,025
Down payment$15,256
Rate6.50%
Term30 years
-Operating costs-$344
Property taxes-$76
Insurance-$175
Utilities$0
HOA$0
Management-$93
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$15,252(100.0% ROI)
Projected value
$82,146
Current value$76,281
Return breakdown
Property appreciation+$5,865
Loan principal paid down+$2,186
Rental cash flow+$7,200
5-year hold
+$25,923(169.9% ROI)
Projected value
$86,305
Current value$76,281
Return breakdown
Property appreciation+$10,024
Loan principal paid down+$3,899
Rental cash flow+$12,000
10-year hold
+$54,656(358.3% ROI)
Projected value
$97,646
Current value$76,281
Return breakdown
Property appreciation+$21,365
Loan principal paid down+$9,290
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.
Studio1.25
Studio
1.25ratio
FMR$1,010
Market$810
vs market+$200
FMR is above market; underwrite to market rent.
90% standard$909 / 1.12 ratio110% standard$1,111 / 1.37 ratio
1 BR1.24
1 BR
1.24ratio
FMR$1,020
Market$820
vs market+$200
FMR is above market; underwrite to market rent.
90% standard$918 / 1.12 ratio110% standard$1,122 / 1.37 ratio
2 BR1.42
2 BR
1.42ratio
FMR$1,320
Market$930
vs market+$390
FMR is above market; underwrite to market rent.
90% standard$1,188 / 1.28 ratio110% standard$1,452 / 1.56 ratio
3 BR1.50
3 BR
1.50ratio
FMR$1,620
Market$1,080
vs market+$540
FMR is above market; underwrite to market rent.
90% standard$1,458 / 1.35 ratio110% standard$1,782 / 1.65 ratio
4 BR1.47
4 BR
1.47ratio
FMR$1,820
Market$1,240
vs market+$580
FMR is above market; underwrite to market rent.
90% standard$1,638 / 1.32 ratio110% standard$2,002 / 1.61 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across all bedroom 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 47708 (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.
47708 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 47708 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,320 and the 4 bedroom fair market rent is $1,820.
Use this page for searches like 47708 FMR, 47708 fair market rent, and 47708 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 | $1,010 |
| 1 bedroom | $1,020 |
| 2 bedroom | $1,320 |
| 3 bedroom | $1,620 |
| 4 bedroom | $1,820 |