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
$74,795
Cost breakdown
+Likely effective rent$920
HUD FMR$1,030
Market rentUsed$920
Est. payment standard (93%)$960
Market rent is below the inferred standard ($960, 93% of FMR).
-Principal and interest-$378
Loan amount$59,836
Down payment$14,959
Rate6.50%
Term30 years
-Operating costs-$342
Property taxes-$75
Insurance-$175
Utilities$0
HOA$0
Management-$92
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$15,095(100.9% ROI)
Projected value
$80,546
Current value$74,795
Return breakdown
Property appreciation+$5,751
Loan principal paid down+$2,144
Rental cash flow+$7,200
5-year hold
+$25,652(171.5% ROI)
Projected value
$84,624
Current value$74,795
Return breakdown
Property appreciation+$9,829
Loan principal paid down+$3,823
Rental cash flow+$12,000
10-year hold
+$54,058(361.4% ROI)
Projected value
$95,744
Current value$74,795
Return breakdown
Property appreciation+$20,949
Loan principal paid down+$9,109
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.
Studio0.87
Studio
0.87ratio
FMR$730
Market$840
vs market-$110
FMR is below market; voucher rent may lag private rents.
90% standard$657 / 0.78 ratio110% standard$803 / 0.96 ratio
1 BR0.99
1 BR
0.99ratio
FMR$850
Market$860
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$765 / 0.89 ratio110% standard$935 / 1.09 ratio
2 BR1.12
2 BR
1.12ratio
FMR$1,030
Market$920
vs market+$110
FMR is above market; underwrite to market rent.
90% standard$927 / 1.01 ratio110% standard$1,133 / 1.23 ratio
3 BR0.98
3 BR
0.98ratio
FMR$1,270
Market$1,300
vs market-$30
FMR is near market; voucher and private rents are aligned.
90% standard$1,143 / 0.88 ratio110% standard$1,397 / 1.07 ratio
4 BR0.95
4 BR
0.95ratio
FMR$1,490
Market$1,570
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,341 / 0.85 ratio110% standard$1,639 / 1.04 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 48501 (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.
48501 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48501 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,030 and the 4 bedroom fair market rent is $1,490.
Use this page for searches like 48501 FMR, 48501 fair market rent, and 48501 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 | $730 |
| 1 bedroom | $850 |
| 2 bedroom | $1,030 |
| 3 bedroom | $1,270 |
| 4 bedroom | $1,490 |