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
$189,217
Cost breakdown
+Likely effective rent$1,690
HUD FMR$1,640
Market rent$1,720
Est. payment standard (103%)Used$1,690
Estimated payment standard is $1,690 (103% of FMR).
-Principal and interest-$957
Loan amount$151,373
Down payment$37,843
Rate6.50%
Term30 years
-Operating costs-$533
Property taxes-$189
Insurance-$175
Utilities$0
HOA$0
Management-$169
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,172(71.8% ROI)
Projected value
$203,766
Current value$189,217
Return breakdown
Property appreciation+$14,549
Loan principal paid down+$5,423
Rental cash flow+$7,200
5-year hold
+$46,536(123.0% ROI)
Projected value
$214,081
Current value$189,217
Return breakdown
Property appreciation+$24,865
Loan principal paid down+$9,671
Rental cash flow+$12,000
10-year hold
+$100,042(264.4% ROI)
Projected value
$242,214
Current value$189,217
Return breakdown
Property appreciation+$52,997
Loan principal paid down+$23,045
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.
Studio0.97
Studio
0.97ratio
FMR$1,190
Market$1,230
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,071 / 0.87 ratio110% standard$1,309 / 1.06 ratio
1 BR0.98
1 BR
0.98ratio
FMR$1,350
Market$1,380
vs market-$30
FMR is near market; voucher and private rents are aligned.
90% standard$1,215 / 0.88 ratio110% standard$1,485 / 1.08 ratio
2 BR0.95
2 BR
0.95ratio
FMR$1,640
Market$1,720
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,476 / 0.86 ratio110% standard$1,804 / 1.05 ratio
3 BR1.04
3 BR
1.04ratio
FMR$2,170
Market$2,080
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,953 / 0.94 ratio110% standard$2,387 / 1.15 ratio
4 BR0.94
4 BR
0.94ratio
FMR$2,430
Market$2,580
vs market-$150
FMR is near market; voucher and private rents are aligned.
90% standard$2,187 / 0.85 ratio110% standard$2,673 / 1.04 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 55406 (MN) 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.
55406 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 55406 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,640 and the 4 bedroom fair market rent is $2,430.
Use this page for searches like 55406 FMR, 55406 fair market rent, and 55406 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 | $1,190 |
| 1 bedroom | $1,350 |
| 2 bedroom | $1,640 |
| 3 bedroom | $2,170 |
| 4 bedroom | $2,430 |