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
$79,253
Cost breakdown
+Likely effective rent$950
HUD FMR$1,520
Market rentUsed$950
Est. payment standard (90%)$1,370
Market rent is below the inferred standard ($1,370, 90% of FMR).
-Principal and interest-$401
Loan amount$63,402
Down payment$15,851
Rate6.50%
Term30 years
-Operating costs-$349
Property taxes-$79
Insurance-$175
Utilities$0
HOA$0
Management-$95
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$15,565(98.2% ROI)
Projected value
$85,347
Current value$79,253
Return breakdown
Property appreciation+$6,094
Loan principal paid down+$2,272
Rental cash flow+$7,200
5-year hold
+$26,465(167.0% ROI)
Projected value
$89,668
Current value$79,253
Return breakdown
Property appreciation+$10,415
Loan principal paid down+$4,051
Rental cash flow+$12,000
10-year hold
+$55,850(352.4% ROI)
Projected value
$101,451
Current value$79,253
Return breakdown
Property appreciation+$22,198
Loan principal paid down+$9,652
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.
Studio1.31
Studio
1.31ratio
FMR$1,100
Market$840
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$990 / 1.18 ratio110% standard$1,210 / 1.44 ratio
1 BR1.49
1 BR
1.49ratio
FMR$1,250
Market$840
vs market+$410
FMR is above market; underwrite to market rent.
90% standard$1,125 / 1.34 ratio110% standard$1,375 / 1.64 ratio
2 BR1.60
2 BR
1.60ratio
FMR$1,520
Market$950
vs market+$570
FMR is above market; underwrite to market rent.
3 BR1.29
3 BR
1.29ratio
FMR$2,020
Market$1,560
vs market+$460
FMR is above market; underwrite to market rent.
90% standard$1,818 / 1.17 ratio110% standard$2,222 / 1.42 ratio
4 BR1.49
4 BR
1.49ratio
FMR$2,270
Market$1,520
vs market+$750
FMR is above market; underwrite to market rent.
90% standard$2,043 / 1.34 ratio110% standard$2,497 / 1.64 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed 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 56304 (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.
56304 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 56304 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,520 and the 4 bedroom fair market rent is $2,270.
Use this page for searches like 56304 FMR, 56304 fair market rent, and 56304 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 | $1,100 |
| 1 bedroom | $1,250 |
| 2 bedroom | $1,520 |
| 3 bedroom | $2,020 |
| 4 bedroom | $2,270 |