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
$135,721
Cost breakdown
+Likely effective rent$1,330
HUD FMR$1,250
Market rent$1,370
Est. payment standard (106%)Used$1,330
Estimated payment standard is $1,330 (106% of FMR).
-Principal and interest-$686
Loan amount$108,577
Down payment$27,144
Rate6.50%
Term30 years
-Operating costs-$444
Property taxes-$136
Insurance-$175
Utilities$0
HOA$0
Management-$133
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$21,526(79.3% ROI)
Projected value
$146,157
Current value$135,721
Return breakdown
Property appreciation+$10,436
Loan principal paid down+$3,890
Rental cash flow+$7,200
5-year hold
+$36,772(135.5% ROI)
Projected value
$153,556
Current value$135,721
Return breakdown
Property appreciation+$17,835
Loan principal paid down+$6,937
Rental cash flow+$12,000
10-year hold
+$78,543(289.4% ROI)
Projected value
$173,734
Current value$135,721
Return breakdown
Property appreciation+$38,013
Loan principal paid down+$16,530
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.
Studio0.98
Studio
0.98ratio
FMR$860
Market$880
vs market-$20
FMR is near market; voucher and private rents are aligned.
90% standard$774 / 0.88 ratio110% standard$946 / 1.08 ratio
1 BR1.07
1 BR
1.07ratio
FMR$950
Market$890
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$855 / 0.96 ratio110% standard$1,045 / 1.17 ratio
2 BR0.91
2 BR
0.91ratio
FMR$1,250
Market$1,370
vs market-$120
FMR is near market; voucher and private rents are aligned.
90% standard$1,125 / 0.82 ratio110% standard$1,375 / 1.00 ratio
3 BR0.95
3 BR
0.95ratio
FMR$1,510
Market$1,590
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,359 / 0.85 ratio110% standard$1,661 / 1.04 ratio
4 BR1.28
4 BR
1.28ratio
FMR$2,020
Market$1,580
vs market+$440
FMR is above market; underwrite to market rent.
90% standard$1,818 / 1.15 ratio110% standard$2,222 / 1.41 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 48161 (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.
48161 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48161 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 $2,020.
Use this page for searches like 48161 FMR, 48161 fair market rent, and 48161 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 | $860 |
| 1 bedroom | $950 |
| 2 bedroom | $1,250 |
| 3 bedroom | $1,510 |
| 4 bedroom | $2,020 |