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
$128,291
Cost breakdown
+Likely effective rent$1,280
HUD FMR$1,250
Market rent$1,290
Est. payment standard (102%)Used$1,280
Estimated payment standard is $1,280 (102% of FMR).
-Principal and interest-$649
Loan amount$102,633
Down payment$25,658
Rate6.50%
Term30 years
-Operating costs-$431
Property taxes-$128
Insurance-$175
Utilities$0
HOA$0
Management-$128
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$20,741(80.8% ROI)
Projected value
$138,155
Current value$128,291
Return breakdown
Property appreciation+$9,864
Loan principal paid down+$3,677
Rental cash flow+$7,200
5-year hold
+$35,416(138.0% ROI)
Projected value
$145,149
Current value$128,291
Return breakdown
Property appreciation+$16,858
Loan principal paid down+$6,557
Rental cash flow+$12,000
10-year hold
+$75,557(294.5% ROI)
Projected value
$164,223
Current value$128,291
Return breakdown
Property appreciation+$35,932
Loan principal paid down+$15,625
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.
Studio0.96
Studio
0.96ratio
FMR$900
Market$940
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$810 / 0.86 ratio110% standard$990 / 1.05 ratio
1 BR0.91
1 BR
0.91ratio
FMR$1,040
Market$1,140
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$936 / 0.82 ratio110% standard$1,144 / 1.00 ratio
2 BR0.97
2 BR
0.97ratio
FMR$1,250
Market$1,290
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,125 / 0.87 ratio110% standard$1,375 / 1.07 ratio
3 BR0.88
3 BR
0.88ratio
FMR$1,500
Market$1,710
vs market-$210
FMR is below market; voucher rent may lag private rents.
90% standard$1,350 / 0.79 ratio110% standard$1,650 / 0.96 ratio
4 BR1.20
4 BR
1.20ratio
FMR$2,000
Market$1,670
vs market+$330
FMR is above market; underwrite to market rent.
90% standard$1,800 / 1.08 ratio110% standard$2,200 / 1.32 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 47902 (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.
47902 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 47902 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,250 and the 4 bedroom fair market rent is $2,000.
Use this page for searches like 47902 FMR, 47902 fair market rent, and 47902 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 | $900 |
| 1 bedroom | $1,040 |
| 2 bedroom | $1,250 |
| 3 bedroom | $1,500 |
| 4 bedroom | $2,000 |