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
$101,543
Cost breakdown
+Likely effective rent$1,100
HUD FMR$1,060
Market rent$1,120
Est. payment standard (104%)Used$1,100
Estimated payment standard is $1,100 (104% of FMR).
-Principal and interest-$513
Loan amount$81,234
Down payment$20,309
Rate6.50%
Term30 years
-Operating costs-$387
Property taxes-$102
Insurance-$175
Utilities$0
HOA$0
Management-$110
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,918(88.2% ROI)
Projected value
$109,351
Current value$101,543
Return breakdown
Property appreciation+$7,808
Loan principal paid down+$2,910
Rental cash flow+$7,200
5-year hold
+$30,534(150.3% ROI)
Projected value
$114,887
Current value$101,543
Return breakdown
Property appreciation+$13,344
Loan principal paid down+$5,190
Rental cash flow+$12,000
10-year hold
+$64,808(319.1% ROI)
Projected value
$129,984
Current value$101,543
Return breakdown
Property appreciation+$28,441
Loan principal paid down+$12,367
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.
Studio0.77
Studio
0.77ratio
FMR$750
Market$980
vs market-$230
FMR is below market; voucher rent may lag private rents.
90% standard$675 / 0.69 ratio110% standard$825 / 0.84 ratio
1 BR0.85
1 BR
0.85ratio
FMR$880
Market$1,040
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$792 / 0.76 ratio110% standard$968 / 0.93 ratio
2 BR0.95
2 BR
0.95ratio
FMR$1,060
Market$1,120
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$954 / 0.85 ratio110% standard$1,166 / 1.04 ratio
3 BR1.14
3 BR
1.14ratio
FMR$1,330
Market$1,170
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,197 / 1.02 ratio110% standard$1,463 / 1.25 ratio
4 BR1.22
4 BR
1.22ratio
FMR$1,480
Market$1,210
vs market+$270
FMR is above market; underwrite to market rent.
90% standard$1,332 / 1.10 ratio110% standard$1,628 / 1.35 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 49224 (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.
49224 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49224 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,060 and the 4 bedroom fair market rent is $1,480.
Use this page for searches like 49224 FMR, 49224 fair market rent, and 49224 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 | $750 |
| 1 bedroom | $880 |
| 2 bedroom | $1,060 |
| 3 bedroom | $1,330 |
| 4 bedroom | $1,480 |