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
$208,535
Cost breakdown
+Likely effective rent$1,820
HUD FMR$2,120
Market rentUsed$1,820
Est. payment standard (91%)$1,930
Market rent is below the inferred standard ($1,930, 91% of FMR).
-Principal and interest-$1,054
Loan amount$166,828
Down payment$41,707
Rate6.50%
Term30 years
-Operating costs-$566
Property taxes-$209
Insurance-$175
Utilities$0
HOA$0
Management-$182
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$29,211(70.0% ROI)
Projected value
$224,569
Current value$208,535
Return breakdown
Property appreciation+$16,034
Loan principal paid down+$5,977
Rental cash flow+$7,200
5-year hold
+$50,062(120.0% ROI)
Projected value
$235,938
Current value$208,535
Return breakdown
Property appreciation+$27,403
Loan principal paid down+$10,659
Rental cash flow+$12,000
10-year hold
+$107,805(258.5% ROI)
Projected value
$266,942
Current value$208,535
Return breakdown
Property appreciation+$58,407
Loan principal paid down+$25,398
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.
Studio1.01
Studio
1.01ratio
FMR$1,520
Market$1,510
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$1,368 / 0.91 ratio110% standard$1,672 / 1.11 ratio
1 BR1.02
1 BR
1.02ratio
FMR$1,690
Market$1,660
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$1,521 / 0.92 ratio110% standard$1,859 / 1.12 ratio
2 BR1.16
2 BR
1.16ratio
FMR$2,120
Market$1,820
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$1,908 / 1.05 ratio110% standard$2,332 / 1.28 ratio
3 BR1.06
3 BR
1.06ratio
FMR$2,590
Market$2,440
vs market+$150
FMR is near market; voucher and private rents are aligned.
90% standard$2,331 / 0.96 ratio110% standard$2,849 / 1.17 ratio
4 BR1.08
4 BR
1.08ratio
FMR$2,810
Market$2,610
vs market+$200
FMR is near market; voucher and private rents are aligned.
90% standard$2,529 / 0.97 ratio110% standard$3,091 / 1.18 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents for larger unit 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 48070 (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.
48070 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48070 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,120 and the 4 bedroom fair market rent is $2,810.
Use this page for searches like 48070 FMR, 48070 fair market rent, and 48070 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 | $1,520 |
| 1 bedroom | $1,690 |
| 2 bedroom | $2,120 |
| 3 bedroom | $2,590 |
| 4 bedroom | $2,810 |