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
$168,413
Cost breakdown
+Likely effective rent$1,550
HUD FMR$1,410
Market rent$1,870
Est. payment standard (110%)Used$1,550
Estimated payment standard is $1,550 (110% of FMR).
-Principal and interest-$852
Loan amount$134,730
Down payment$33,683
Rate6.50%
Term30 years
-Operating costs-$498
Property taxes-$168
Insurance-$175
Utilities$0
HOA$0
Management-$155
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,976(74.2% ROI)
Projected value
$181,362
Current value$168,413
Return breakdown
Property appreciation+$12,949
Loan principal paid down+$4,827
Rental cash flow+$7,200
5-year hold
+$42,739(126.9% ROI)
Projected value
$190,544
Current value$168,413
Return breakdown
Property appreciation+$22,131
Loan principal paid down+$8,608
Rental cash flow+$12,000
10-year hold
+$91,681(272.2% ROI)
Projected value
$215,583
Current value$168,413
Return breakdown
Property appreciation+$47,170
Loan principal paid down+$20,511
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio0.88
Studio
0.88ratio
FMR$1,010
Market$1,150
vs market-$140
FMR is below market; voucher rent may lag private rents.
90% standard$909 / 0.79 ratio110% standard$1,111 / 0.97 ratio
1 BR0.94
1 BR
0.94ratio
FMR$1,120
Market$1,190
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$1,008 / 0.85 ratio110% standard$1,232 / 1.04 ratio
2 BR0.75
2 BR
0.75ratio
FMR$1,410
Market$1,870
vs market-$460
FMR is below market; voucher rent may lag private rents.
90% standard$1,269 / 0.68 ratio110% standard$1,551 / 0.83 ratio
3 BR0.89
3 BR
0.89ratio
FMR$1,720
Market$1,940
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$1,548 / 0.80 ratio110% standard$1,892 / 0.98 ratio
4 BR0.82
4 BR
0.82ratio
FMR$1,870
Market$2,280
vs market-$410
FMR is below market; voucher rent may lag private rents.
90% standard$1,683 / 0.74 ratio110% standard$2,057 / 0.90 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 48371 (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.
48371 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48371 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,410 and the 4 bedroom fair market rent is $1,870.
Use this page for searches like 48371 FMR, 48371 fair market rent, and 48371 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 | $1,010 |
| 1 bedroom | $1,120 |
| 2 bedroom | $1,410 |
| 3 bedroom | $1,720 |
| 4 bedroom | $1,870 |