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
$98,571
Cost breakdown
+Likely effective rent$1,080
HUD FMR$1,070
Market rent$1,080
Est. payment standard (101%)Used$1,080
Estimated payment standard is $1,080 (101% of FMR).
-Principal and interest-$498
Loan amount$78,857
Down payment$19,714
Rate6.50%
Term30 years
-Operating costs-$382
Property taxes-$99
Insurance-$175
Utilities$0
HOA$0
Management-$108
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,604(89.3% ROI)
Projected value
$106,150
Current value$98,571
Return breakdown
Property appreciation+$7,579
Loan principal paid down+$2,825
Rental cash flow+$7,200
5-year hold
+$29,991(152.1% ROI)
Projected value
$111,524
Current value$98,571
Return breakdown
Property appreciation+$12,953
Loan principal paid down+$5,038
Rental cash flow+$12,000
10-year hold
+$63,613(322.7% ROI)
Projected value
$126,179
Current value$98,571
Return breakdown
Property appreciation+$27,608
Loan principal paid down+$12,005
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.
Studio0.69
Studio
0.69ratio
FMR$740
Market$1,070
vs market-$330
FMR is below market; voucher rent may lag private rents.
90% standard$666 / 0.62 ratio110% standard$814 / 0.76 ratio
1 BR0.76
1 BR
0.76ratio
FMR$820
Market$1,080
vs market-$260
FMR is below market; voucher rent may lag private rents.
90% standard$738 / 0.68 ratio110% standard$902 / 0.84 ratio
2 BR0.99
2 BR
0.99ratio
FMR$1,070
Market$1,080
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$963 / 0.89 ratio110% standard$1,177 / 1.09 ratio
3 BR1.07
3 BR
1.07ratio
FMR$1,410
Market$1,320
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,269 / 0.96 ratio110% standard$1,551 / 1.18 ratio
4 BR0.92
4 BR
0.92ratio
FMR$1,420
Market$1,550
vs market-$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,278 / 0.82 ratio110% standard$1,562 / 1.01 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 49022 (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.
49022 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49022 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,070 and the 4 bedroom fair market rent is $1,420.
Use this page for searches like 49022 FMR, 49022 fair market rent, and 49022 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 | $740 |
| 1 bedroom | $820 |
| 2 bedroom | $1,070 |
| 3 bedroom | $1,410 |
| 4 bedroom | $1,420 |