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
$138,693
Cost breakdown
+Likely effective rent$1,350
HUD FMR$1,300
Market rent$1,380
Est. payment standard (104%)Used$1,350
Estimated payment standard is $1,350 (104% of FMR).
-Principal and interest-$701
Loan amount$110,954
Down payment$27,739
Rate6.50%
Term30 years
-Operating costs-$449
Property taxes-$139
Insurance-$175
Utilities$0
HOA$0
Management-$135
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$21,839(78.7% ROI)
Projected value
$149,357
Current value$138,693
Return breakdown
Property appreciation+$10,664
Loan principal paid down+$3,975
Rental cash flow+$7,200
5-year hold
+$37,314(134.5% ROI)
Projected value
$156,918
Current value$138,693
Return breakdown
Property appreciation+$18,225
Loan principal paid down+$7,089
Rental cash flow+$12,000
10-year hold
+$79,737(287.5% ROI)
Projected value
$177,539
Current value$138,693
Return breakdown
Property appreciation+$38,846
Loan principal paid down+$16,892
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.
Studio0.79
Studio
0.79ratio
FMR$930
Market$1,180
vs market-$250
FMR is below market; voucher rent may lag private rents.
90% standard$837 / 0.71 ratio110% standard$1,023 / 0.87 ratio
1 BR0.84
1 BR
0.84ratio
FMR$1,030
Market$1,230
vs market-$200
FMR is below market; voucher rent may lag private rents.
90% standard$927 / 0.75 ratio110% standard$1,133 / 0.92 ratio
2 BR0.94
2 BR
0.94ratio
FMR$1,300
Market$1,380
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,170 / 0.85 ratio110% standard$1,430 / 1.04 ratio
3 BR1.11
3 BR
1.11ratio
FMR$1,590
Market$1,430
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,431 / 1.00 ratio110% standard$1,749 / 1.22 ratio
4 BR1.03
4 BR
1.03ratio
FMR$1,720
Market$1,670
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,548 / 0.93 ratio110% standard$1,892 / 1.13 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 48065 (MI) 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.
48065 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48065 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,300 and the 4 bedroom fair market rent is $1,720.
Use this page for searches like 48065 FMR, 48065 fair market rent, and 48065 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 | $930 |
| 1 bedroom | $1,030 |
| 2 bedroom | $1,300 |
| 3 bedroom | $1,590 |
| 4 bedroom | $1,720 |