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
$177,329
Cost breakdown
+Likely effective rent$1,610
HUD FMR$1,460
Market rent$1,930
Est. payment standard (110%)Used$1,610
Estimated payment standard is $1,610 (110% of FMR).
-Principal and interest-$897
Loan amount$141,863
Down payment$35,466
Rate6.50%
Term30 years
-Operating costs-$513
Property taxes-$177
Insurance-$175
Utilities$0
HOA$0
Management-$161
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$25,918(73.1% ROI)
Projected value
$190,964
Current value$177,329
Return breakdown
Property appreciation+$13,635
Loan principal paid down+$5,083
Rental cash flow+$7,200
5-year hold
+$44,366(125.1% ROI)
Projected value
$200,631
Current value$177,329
Return breakdown
Property appreciation+$23,302
Loan principal paid down+$9,064
Rental cash flow+$12,000
10-year hold
+$95,264(268.6% ROI)
Projected value
$226,996
Current value$177,329
Return breakdown
Property appreciation+$49,667
Loan principal paid down+$21,597
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.
Studio0.67
Studio
0.67ratio
FMR$1,010
Market$1,500
vs market-$490
FMR is below market; voucher rent may lag private rents.
90% standard$909 / 0.61 ratio110% standard$1,111 / 0.74 ratio
1 BR0.91
1 BR
0.91ratio
FMR$1,270
Market$1,400
vs market-$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,143 / 0.82 ratio110% standard$1,397 / 1.00 ratio
2 BR0.76
2 BR
0.76ratio
FMR$1,460
Market$1,930
vs market-$470
FMR is below market; voucher rent may lag private rents.
90% standard$1,314 / 0.68 ratio110% standard$1,606 / 0.83 ratio
3 BR0.86
3 BR
0.86ratio
FMR$2,030
Market$2,360
vs market-$330
FMR is below market; voucher rent may lag private rents.
90% standard$1,827 / 0.77 ratio110% standard$2,233 / 0.95 ratio
4 BR0.87
4 BR
0.87ratio
FMR$2,290
Market$2,640
vs market-$350
FMR is below market; voucher rent may lag private rents.
90% standard$2,061 / 0.78 ratio110% standard$2,519 / 0.95 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 48844 (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.
48844 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 48844 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,460 and the 4 bedroom fair market rent is $2,290.
Use this page for searches like 48844 FMR, 48844 fair market rent, and 48844 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 | $1,270 |
| 2 bedroom | $1,460 |
| 3 bedroom | $2,030 |
| 4 bedroom | $2,290 |