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
$165,441
Cost breakdown
+Likely effective rent$1,530
HUD FMR$1,430
Market rent$1,590
Est. payment standard (107%)Used$1,530
Estimated payment standard is $1,530 (107% of FMR).
-Principal and interest-$837
Loan amount$132,353
Down payment$33,088
Rate6.50%
Term30 years
-Operating costs-$493
Property taxes-$165
Insurance-$175
Utilities$0
HOA$0
Management-$153
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,663(74.5% ROI)
Projected value
$178,162
Current value$165,441
Return breakdown
Property appreciation+$12,721
Loan principal paid down+$4,742
Rental cash flow+$7,200
5-year hold
+$42,196(127.5% ROI)
Projected value
$187,181
Current value$165,441
Return breakdown
Property appreciation+$21,740
Loan principal paid down+$8,456
Rental cash flow+$12,000
10-year hold
+$90,487(273.5% ROI)
Projected value
$211,778
Current value$165,441
Return breakdown
Property appreciation+$46,337
Loan principal paid down+$20,149
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$1,150
Market$1,540
vs market-$390
FMR is below market; voucher rent may lag private rents.
90% standard$1,035 / 0.67 ratio110% standard$1,265 / 0.82 ratio
1 BR0.92
1 BR
0.92ratio
FMR$1,190
Market$1,300
vs market-$110
FMR is near market; voucher and private rents are aligned.
90% standard$1,071 / 0.82 ratio110% standard$1,309 / 1.01 ratio
2 BR0.90
2 BR
0.90ratio
FMR$1,430
Market$1,590
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$1,287 / 0.81 ratio110% standard$1,573 / 0.99 ratio
3 BR0.96
3 BR
0.96ratio
FMR$1,850
Market$1,920
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$1,665 / 0.87 ratio110% standard$2,035 / 1.06 ratio
4 BR0.87
4 BR
0.87ratio
FMR$2,040
Market$2,350
vs market-$310
FMR is below market; voucher rent may lag private rents.
90% standard$1,836 / 0.78 ratio110% standard$2,244 / 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 49504 (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.
49504 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 49504 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,430 and the 4 bedroom fair market rent is $2,040.
Use this page for searches like 49504 FMR, 49504 fair market rent, and 49504 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 | $1,150 |
| 1 bedroom | $1,190 |
| 2 bedroom | $1,430 |
| 3 bedroom | $1,850 |
| 4 bedroom | $2,040 |