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
$131,263
Cost breakdown
+Likely effective rent$1,300
HUD FMR$1,190
Market rent$1,360
Est. payment standard (109%)Used$1,300
Estimated payment standard is $1,300 (109% of FMR).
-Principal and interest-$664
Loan amount$105,010
Down payment$26,253
Rate6.50%
Term30 years
-Operating costs-$436
Property taxes-$131
Insurance-$175
Utilities$0
HOA$0
Management-$130
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$21,055(80.2% ROI)
Projected value
$141,356
Current value$131,263
Return breakdown
Property appreciation+$10,093
Loan principal paid down+$3,762
Rental cash flow+$7,200
5-year hold
+$35,958(137.0% ROI)
Projected value
$148,512
Current value$131,263
Return breakdown
Property appreciation+$17,249
Loan principal paid down+$6,709
Rental cash flow+$12,000
10-year hold
+$76,751(292.4% ROI)
Projected value
$168,028
Current value$131,263
Return breakdown
Property appreciation+$36,765
Loan principal paid down+$15,987
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$860
Market$990
vs market-$130
FMR is below market; voucher rent may lag private rents.
90% standard$774 / 0.78 ratio110% standard$946 / 0.96 ratio
1 BR0.86
1 BR
0.86ratio
FMR$1,020
Market$1,180
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$918 / 0.78 ratio110% standard$1,122 / 0.95 ratio
2 BR0.88
2 BR
0.88ratio
FMR$1,190
Market$1,360
vs market-$170
FMR is below market; voucher rent may lag private rents.
90% standard$1,071 / 0.79 ratio110% standard$1,309 / 0.96 ratio
3 BR0.92
3 BR
0.92ratio
FMR$1,570
Market$1,710
vs market-$140
FMR is near market; voucher and private rents are aligned.
90% standard$1,413 / 0.83 ratio110% standard$1,727 / 1.01 ratio
4 BR0.83
4 BR
0.83ratio
FMR$1,610
Market$1,930
vs market-$320
FMR is below market; voucher rent may lag private rents.
90% standard$1,449 / 0.75 ratio110% standard$1,771 / 0.92 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 49004 (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.
49004 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49004 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,190 and the 4 bedroom fair market rent is $1,610.
Use this page for searches like 49004 FMR, 49004 fair market rent, and 49004 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 | $860 |
| 1 bedroom | $1,020 |
| 2 bedroom | $1,190 |
| 3 bedroom | $1,570 |
| 4 bedroom | $1,610 |