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
$111,945
Cost breakdown
+Likely effective rent$1,170
HUD FMR$1,130
Market rent$1,190
Est. payment standard (103%)Used$1,170
Estimated payment standard is $1,170 (103% of FMR).
-Principal and interest-$566
Loan amount$89,556
Down payment$22,389
Rate6.50%
Term30 years
-Operating costs-$404
Property taxes-$112
Insurance-$175
Utilities$0
HOA$0
Management-$117
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,016(84.9% ROI)
Projected value
$120,553
Current value$111,945
Return breakdown
Property appreciation+$8,608
Loan principal paid down+$3,209
Rental cash flow+$7,200
5-year hold
+$32,432(144.9% ROI)
Projected value
$126,656
Current value$111,945
Return breakdown
Property appreciation+$14,710
Loan principal paid down+$5,722
Rental cash flow+$12,000
10-year hold
+$68,988(308.1% ROI)
Projected value
$143,299
Current value$111,945
Return breakdown
Property appreciation+$31,354
Loan principal paid down+$13,634
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio1.05
Studio
1.05ratio
FMR$800
Market$760
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$720 / 0.95 ratio110% standard$880 / 1.16 ratio
1 BR1.10
1 BR
1.10ratio
FMR$900
Market$820
vs market+$80
FMR is near market; voucher and private rents are aligned.
90% standard$810 / 0.99 ratio110% standard$990 / 1.21 ratio
2 BR0.95
2 BR
0.95ratio
FMR$1,130
Market$1,190
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,017 / 0.85 ratio110% standard$1,243 / 1.04 ratio
3 BR1.00
3 BR
1.00ratio
FMR$1,470
Market$1,470
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$1,323 / 0.90 ratio110% standard$1,617 / 1.10 ratio
4 BR1.07
4 BR
1.07ratio
FMR$1,590
Market$1,490
vs market+$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,431 / 0.96 ratio110% standard$1,749 / 1.17 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are well-aligned with market rents across 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 49120 (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.
49120 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49120 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,130 and the 4 bedroom fair market rent is $1,590.
Use this page for searches like 49120 FMR, 49120 fair market rent, and 49120 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 | $900 |
| 2 bedroom | $1,130 |
| 3 bedroom | $1,470 |
| 4 bedroom | $1,590 |