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
$204,077
Cost breakdown
+Likely effective rent$1,790
HUD FMR$1,680
Market rent$1,850
Est. payment standard (107%)Used$1,790
Estimated payment standard is $1,790 (107% of FMR).
-Principal and interest-$1,032
Loan amount$163,261
Down payment$40,815
Rate6.50%
Term30 years
-Operating costs-$558
Property taxes-$204
Insurance-$175
Utilities$0
HOA$0
Management-$179
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,741(70.4% ROI)
Projected value
$219,768
Current value$204,077
Return breakdown
Property appreciation+$15,692
Loan principal paid down+$5,849
Rental cash flow+$7,200
5-year hold
+$49,248(120.7% ROI)
Projected value
$230,894
Current value$204,077
Return breakdown
Property appreciation+$26,817
Loan principal paid down+$10,431
Rental cash flow+$12,000
10-year hold
+$106,013(259.7% ROI)
Projected value
$261,236
Current value$204,077
Return breakdown
Property appreciation+$57,159
Loan principal paid down+$24,855
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.
Studio0.84
Studio
0.84ratio
FMR$1,340
Market$1,590
vs market-$250
FMR is below market; voucher rent may lag private rents.
90% standard$1,206 / 0.76 ratio110% standard$1,474 / 0.93 ratio
1 BR1.00
1 BR
1.00ratio
FMR$1,400
Market$1,400
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$1,260 / 0.90 ratio110% standard$1,540 / 1.10 ratio
2 BR0.91
2 BR
0.91ratio
FMR$1,680
Market$1,850
vs market-$170
FMR is near market; voucher and private rents are aligned.
90% standard$1,512 / 0.82 ratio110% standard$1,848 / 1.00 ratio
3 BR0.99
3 BR
0.99ratio
FMR$2,170
Market$2,190
vs market-$20
FMR is near market; voucher and private rents are aligned.
90% standard$1,953 / 0.89 ratio110% standard$2,387 / 1.09 ratio
4 BR0.87
4 BR
0.87ratio
FMR$2,400
Market$2,770
vs market-$370
FMR is below market; voucher rent may lag private rents.
90% standard$2,160 / 0.78 ratio110% standard$2,640 / 0.95 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 49315 (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.
49315 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49315 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,680 and the 4 bedroom fair market rent is $2,400.
Use this page for searches like 49315 FMR, 49315 fair market rent, and 49315 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 | $1,340 |
| 1 bedroom | $1,400 |
| 2 bedroom | $1,680 |
| 3 bedroom | $2,170 |
| 4 bedroom | $2,400 |