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
$146,123
Cost breakdown
+Likely effective rent$1,400
HUD FMR$1,350
Market rent$1,420
Est. payment standard (103%)Used$1,400
Estimated payment standard is $1,400 (103% of FMR).
-Principal and interest-$739
Loan amount$116,898
Down payment$29,225
Rate6.50%
Term30 years
-Operating costs-$461
Property taxes-$146
Insurance-$175
Utilities$0
HOA$0
Management-$140
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$22,624(77.4% ROI)
Projected value
$157,358
Current value$146,123
Return breakdown
Property appreciation+$11,235
Loan principal paid down+$4,188
Rental cash flow+$7,200
5-year hold
+$38,670(132.3% ROI)
Projected value
$165,325
Current value$146,123
Return breakdown
Property appreciation+$19,202
Loan principal paid down+$7,469
Rental cash flow+$12,000
10-year hold
+$82,723(283.1% ROI)
Projected value
$187,050
Current value$146,123
Return breakdown
Property appreciation+$40,927
Loan principal paid down+$17,796
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.
Studio0.82
Studio
0.82ratio
FMR$970
Market$1,190
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$873 / 0.73 ratio110% standard$1,067 / 0.90 ratio
1 BR0.90
1 BR
0.90ratio
FMR$1,070
Market$1,190
vs market-$120
FMR is below market; voucher rent may lag private rents.
90% standard$963 / 0.81 ratio110% standard$1,177 / 0.99 ratio
2 BR0.95
2 BR
0.95ratio
FMR$1,350
Market$1,420
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$1,215 / 0.86 ratio110% standard$1,485 / 1.05 ratio
3 BR0.78
3 BR
0.78ratio
FMR$1,650
Market$2,120
vs market-$470
FMR is below market; voucher rent may lag private rents.
90% standard$1,485 / 0.70 ratio110% standard$1,815 / 0.86 ratio
4 BR0.78
4 BR
0.78ratio
FMR$1,790
Market$2,290
vs market-$500
FMR is below market; voucher rent may lag private rents.
90% standard$1,611 / 0.70 ratio110% standard$1,969 / 0.86 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 48088 (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.
48088 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48088 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,350 and the 4 bedroom fair market rent is $1,790.
Use this page for searches like 48088 FMR, 48088 fair market rent, and 48088 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 | $970 |
| 1 bedroom | $1,070 |
| 2 bedroom | $1,350 |
| 3 bedroom | $1,650 |
| 4 bedroom | $1,790 |