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
$83,711
Cost breakdown
+Likely effective rent$980
HUD FMR$1,117
Market rentUsed$980
Est. payment standard (92%)$1,030
Market rent is below the inferred standard ($1,030, 92% of FMR).
-Principal and interest-$423
Loan amount$66,969
Down payment$16,742
Rate6.50%
Term30 years
-Operating costs-$357
Property taxes-$84
Insurance-$175
Utilities$0
HOA$0
Management-$98
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,036(95.8% ROI)
Projected value
$90,148
Current value$83,711
Return breakdown
Property appreciation+$6,437
Loan principal paid down+$2,399
Rental cash flow+$7,200
5-year hold
+$27,279(162.9% ROI)
Projected value
$94,711
Current value$83,711
Return breakdown
Property appreciation+$11,000
Loan principal paid down+$4,279
Rental cash flow+$12,000
10-year hold
+$57,641(344.3% ROI)
Projected value
$107,157
Current value$83,711
Return breakdown
Property appreciation+$23,446
Loan principal paid down+$10,195
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.
Studio0.99
Studio
0.99ratio
FMR$770
Market$780
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$693 / 0.89 ratio110% standard$847 / 1.09 ratio
1 BR1.06
1 BR
1.06ratio
FMR$851
Market$800
vs market+$51
FMR is near market; voucher and private rents are aligned.
90% standard$766 / 0.96 ratio110% standard$936 / 1.17 ratio
2 BR1.14
2 BR
1.14ratio
FMR$1,117
Market$980
vs market+$137
FMR is above market; underwrite to market rent.
90% standard$1,005 / 1.03 ratio110% standard$1,229 / 1.25 ratio
3 BR1.04
3 BR
1.04ratio
FMR$1,440
Market$1,390
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,296 / 0.93 ratio110% standard$1,584 / 1.14 ratio
4 BR1.06
4 BR
1.06ratio
FMR$1,479
Market$1,400
vs market+$79
FMR is near market; voucher and private rents are aligned.
90% standard$1,331 / 0.95 ratio110% standard$1,627 / 1.16 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 48663 (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 FMR 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.
48663 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 48663 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,117 and the 4 bedroom fair market rent is $1,479.
Use this page for searches like 48663 FMR, 48663 fair market rent, and 48663 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 | $770 |
| 1 bedroom | $851 |
| 2 bedroom | $1,117 |
| 3 bedroom | $1,440 |
| 4 bedroom | $1,479 |