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
$195,161
Cost breakdown
+Likely effective rent$1,730
HUD FMR$1,590
Market rent$1,810
Est. payment standard (109%)Used$1,730
Estimated payment standard is $1,730 (109% of FMR).
-Principal and interest-$987
Loan amount$156,129
Down payment$39,032
Rate6.50%
Term30 years
-Operating costs-$543
Property taxes-$195
Insurance-$175
Utilities$0
HOA$0
Management-$173
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,800(71.2% ROI)
Projected value
$210,167
Current value$195,161
Return breakdown
Property appreciation+$15,006
Loan principal paid down+$5,594
Rental cash flow+$7,200
5-year hold
+$47,621(122.0% ROI)
Projected value
$220,807
Current value$195,161
Return breakdown
Property appreciation+$25,646
Loan principal paid down+$9,975
Rental cash flow+$12,000
10-year hold
+$102,430(262.4% ROI)
Projected value
$249,822
Current value$195,161
Return breakdown
Property appreciation+$54,662
Loan principal paid down+$23,769
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.
Studio0.92
Studio
0.92ratio
FMR$1,140
Market$1,240
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,026 / 0.83 ratio110% standard$1,254 / 1.01 ratio
1 BR0.92
1 BR
0.92ratio
FMR$1,260
Market$1,370
vs market-$110
FMR is near market; voucher and private rents are aligned.
90% standard$1,134 / 0.83 ratio110% standard$1,386 / 1.01 ratio
2 BR0.88
2 BR
0.88ratio
FMR$1,590
Market$1,810
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$1,431 / 0.79 ratio110% standard$1,749 / 0.97 ratio
3 BR0.87
3 BR
0.87ratio
FMR$1,940
Market$2,220
vs market-$280
FMR is below market; voucher rent may lag private rents.
90% standard$1,746 / 0.79 ratio110% standard$2,134 / 0.96 ratio
4 BR0.62
4 BR
0.62ratio
FMR$2,110
Market$3,390
vs market-$1,280
FMR is below market; voucher rent may lag private rents.
90% standard$1,899 / 0.56 ratio110% standard$2,321 / 0.68 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 48316 (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.
48316 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48316 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,590 and the 4 bedroom fair market rent is $2,110.
Use this page for searches like 48316 FMR, 48316 fair market rent, and 48316 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 | $1,140 |
| 1 bedroom | $1,260 |
| 2 bedroom | $1,590 |
| 3 bedroom | $1,940 |
| 4 bedroom | $2,110 |