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
$242,713
Cost breakdown
+Likely effective rent$2,050
HUD FMR$2,250
Market rentUsed$2,050
Est. payment standard (94%)$2,120
Market rent is below the inferred standard ($2,120, 94% of FMR).
-Principal and interest-$1,227
Loan amount$194,170
Down payment$48,543
Rate6.50%
Term30 years
-Operating costs-$623
Property taxes-$243
Insurance-$175
Utilities$0
HOA$0
Management-$205
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$32,819(67.6% ROI)
Projected value
$261,375
Current value$242,713
Return breakdown
Property appreciation+$18,662
Loan principal paid down+$6,957
Rental cash flow+$7,200
5-year hold
+$56,300(116.0% ROI)
Projected value
$274,607
Current value$242,713
Return breakdown
Property appreciation+$31,894
Loan principal paid down+$12,406
Rental cash flow+$12,000
10-year hold
+$121,540(250.4% ROI)
Projected value
$310,693
Current value$242,713
Return breakdown
Property appreciation+$67,980
Loan principal paid down+$29,560
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.
Studio1.09
Studio
1.09ratio
FMR$1,640
Market$1,510
vs market+$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,476 / 0.98 ratio110% standard$1,804 / 1.19 ratio
1 BR0.88
1 BR
0.88ratio
FMR$1,850
Market$2,110
vs market-$260
FMR is below market; voucher rent may lag private rents.
90% standard$1,665 / 0.79 ratio110% standard$2,035 / 0.96 ratio
2 BR1.10
2 BR
1.10ratio
FMR$2,250
Market$2,050
vs market+$200
FMR is near market; voucher and private rents are aligned.
90% standard$2,025 / 0.99 ratio110% standard$2,475 / 1.21 ratio
3 BR1.31
3 BR
1.31ratio
FMR$2,980
Market$2,280
vs market+$700
FMR is above market; underwrite to market rent.
90% standard$2,682 / 1.18 ratio110% standard$3,278 / 1.44 ratio
4 BR1.07
4 BR
1.07ratio
FMR$3,330
Market$3,110
vs market+$220
FMR is near market; voucher and private rents are aligned.
90% standard$2,997 / 0.96 ratio110% standard$3,663 / 1.18 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 55424 (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.
55424 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 55424 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,250 and the 4 bedroom fair market rent is $3,330.
Use this page for searches like 55424 FMR, 55424 fair market rent, and 55424 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 | $1,640 |
| 1 bedroom | $1,850 |
| 2 bedroom | $2,250 |
| 3 bedroom | $2,980 |
| 4 bedroom | $3,330 |