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
$119,375
Cost breakdown
+Likely effective rent$1,220
HUD FMR$1,110
Market rent$1,320
Est. payment standard (110%)Used$1,220
Estimated payment standard is $1,220 (110% of FMR).
-Principal and interest-$604
Loan amount$95,500
Down payment$23,875
Rate6.50%
Term30 years
-Operating costs-$416
Property taxes-$119
Insurance-$175
Utilities$0
HOA$0
Management-$122
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,800(82.9% ROI)
Projected value
$128,554
Current value$119,375
Return breakdown
Property appreciation+$9,179
Loan principal paid down+$3,422
Rental cash flow+$7,200
5-year hold
+$33,788(141.5% ROI)
Projected value
$135,062
Current value$119,375
Return breakdown
Property appreciation+$15,687
Loan principal paid down+$6,102
Rental cash flow+$12,000
10-year hold
+$71,974(301.5% ROI)
Projected value
$152,810
Current value$119,375
Return breakdown
Property appreciation+$33,435
Loan principal paid down+$14,539
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.
Studio0.88
Studio
0.88ratio
FMR$800
Market$910
vs market-$110
FMR is below market; voucher rent may lag private rents.
90% standard$720 / 0.79 ratio110% standard$880 / 0.97 ratio
1 BR0.86
1 BR
0.86ratio
FMR$950
Market$1,110
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$855 / 0.77 ratio110% standard$1,045 / 0.94 ratio
2 BR0.84
2 BR
0.84ratio
FMR$1,110
Market$1,320
vs market-$210
FMR is below market; voucher rent may lag private rents.
90% standard$999 / 0.76 ratio110% standard$1,221 / 0.93 ratio
3 BR0.85
3 BR
0.85ratio
FMR$1,460
Market$1,710
vs market-$250
FMR is below market; voucher rent may lag private rents.
90% standard$1,314 / 0.77 ratio110% standard$1,606 / 0.94 ratio
4 BR0.76
4 BR
0.76ratio
FMR$1,510
Market$1,980
vs market-$470
FMR is below market; voucher rent may lag private rents.
90% standard$1,359 / 0.69 ratio110% standard$1,661 / 0.84 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for all bedroom 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 49008 (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.
49008 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49008 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,110 and the 4 bedroom fair market rent is $1,510.
Use this page for searches like 49008 FMR, 49008 fair market rent, and 49008 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 | $800 |
| 1 bedroom | $950 |
| 2 bedroom | $1,110 |
| 3 bedroom | $1,460 |
| 4 bedroom | $1,510 |