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
$187,731
Cost breakdown
+Likely effective rent$1,680
HUD FMR$1,530
Market rent$2,020
Est. payment standard (110%)Used$1,680
Estimated payment standard is $1,680 (110% of FMR).
-Principal and interest-$949
Loan amount$150,185
Down payment$37,546
Rate6.50%
Term30 years
-Operating costs-$531
Property taxes-$188
Insurance-$175
Utilities$0
HOA$0
Management-$168
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,015(72.0% ROI)
Projected value
$202,166
Current value$187,731
Return breakdown
Property appreciation+$14,435
Loan principal paid down+$5,381
Rental cash flow+$7,200
5-year hold
+$46,265(123.2% ROI)
Projected value
$212,400
Current value$187,731
Return breakdown
Property appreciation+$24,669
Loan principal paid down+$9,595
Rental cash flow+$12,000
10-year hold
+$99,444(264.9% ROI)
Projected value
$240,311
Current value$187,731
Return breakdown
Property appreciation+$52,581
Loan principal paid down+$22,864
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.
Studio0.75
Studio
0.75ratio
FMR$1,230
Market$1,640
vs market-$410
FMR is below market; voucher rent may lag private rents.
90% standard$1,107 / 0.68 ratio110% standard$1,353 / 0.83 ratio
1 BR0.75
1 BR
0.75ratio
FMR$1,280
Market$1,700
vs market-$420
FMR is below market; voucher rent may lag private rents.
90% standard$1,152 / 0.68 ratio110% standard$1,408 / 0.83 ratio
2 BR0.76
2 BR
0.76ratio
FMR$1,530
Market$2,020
vs market-$490
FMR is below market; voucher rent may lag private rents.
90% standard$1,377 / 0.68 ratio110% standard$1,683 / 0.83 ratio
3 BR0.91
3 BR
0.91ratio
FMR$1,980
Market$2,180
vs market-$200
FMR is near market; voucher and private rents are aligned.
90% standard$1,782 / 0.82 ratio110% standard$2,178 / 1.00 ratio
4 BR0.92
4 BR
0.92ratio
FMR$2,190
Market$2,380
vs market-$190
FMR is near market; voucher and private rents are aligned.
90% standard$1,971 / 0.83 ratio110% standard$2,409 / 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 49351 (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.
49351 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49351 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,530 and the 4 bedroom fair market rent is $2,190.
Use this page for searches like 49351 FMR, 49351 fair market rent, and 49351 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 | $1,230 |
| 1 bedroom | $1,280 |
| 2 bedroom | $1,530 |
| 3 bedroom | $1,980 |
| 4 bedroom | $2,190 |