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
$86,683
Cost breakdown
+Likely effective rent$1,000
HUD FMR$1,010
Market rentUsed$1,000
Est. payment standard (99%)$1,000
Market rent is below the inferred standard ($1,000, 99% of FMR).
-Principal and interest-$438
Loan amount$69,346
Down payment$17,337
Rate6.50%
Term30 years
-Operating costs-$362
Property taxes-$87
Insurance-$175
Utilities$0
HOA$0
Management-$100
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,350(94.3% ROI)
Projected value
$93,348
Current value$86,683
Return breakdown
Property appreciation+$6,665
Loan principal paid down+$2,485
Rental cash flow+$7,200
5-year hold
+$27,821(160.5% ROI)
Projected value
$98,074
Current value$86,683
Return breakdown
Property appreciation+$11,391
Loan principal paid down+$4,431
Rental cash flow+$12,000
10-year hold
+$58,836(339.4% ROI)
Projected value
$110,962
Current value$86,683
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$10,557
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.
Studio0.78
Studio
0.78ratio
FMR$700
Market$900
vs market-$200
FMR is below market; voucher rent may lag private rents.
90% standard$630 / 0.70 ratio110% standard$770 / 0.86 ratio
1 BR0.83
1 BR
0.83ratio
FMR$770
Market$930
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$693 / 0.75 ratio110% standard$847 / 0.91 ratio
2 BR1.01
2 BR
1.01ratio
FMR$1,010
Market$1,000
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$909 / 0.91 ratio110% standard$1,111 / 1.11 ratio
3 BR1.24
3 BR
1.24ratio
FMR$1,390
Market$1,120
vs market+$270
FMR is above market; underwrite to market rent.
90% standard$1,251 / 1.12 ratio110% standard$1,529 / 1.37 ratio
4 BR1.37
4 BR
1.37ratio
FMR$1,630
Market$1,190
vs market+$440
FMR is above market; underwrite to market rent.
90% standard$1,467 / 1.23 ratio110% standard$1,793 / 1.51 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 56470 (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.
56470 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 56470 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,010 and the 4 bedroom fair market rent is $1,630.
Use this page for searches like 56470 FMR, 56470 fair market rent, and 56470 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 | $700 |
| 1 bedroom | $770 |
| 2 bedroom | $1,010 |
| 3 bedroom | $1,390 |
| 4 bedroom | $1,630 |