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
$119,375
Cost breakdown
+Likely effective rent$1,220
HUD FMR$1,470
Market rentUsed$1,220
Est. payment standard (90%)$1,320
Market rent is below the inferred standard ($1,320, 90% of FMR).
-Principal and interest-$604
Loan amount$95,500
Down payment$23,875
Rate6.50%
Term30 years
-Operating costs-$416
Property taxes-$119
Insurance-$175
Utilities$0
HOA$0
Management-$122
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,800(82.9% ROI)
Projected value
$128,554
Current value$119,375
Return breakdown
Property appreciation+$9,179
Loan principal paid down+$3,422
Rental cash flow+$7,200
5-year hold
+$33,788(141.5% ROI)
Projected value
$135,062
Current value$119,375
Return breakdown
Property appreciation+$15,687
Loan principal paid down+$6,102
Rental cash flow+$12,000
10-year hold
+$71,974(301.5% ROI)
Projected value
$152,810
Current value$119,375
Return breakdown
Property appreciation+$33,435
Loan principal paid down+$14,539
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.
Studio1.33
Studio
1.33ratio
FMR$1,160
Market$870
vs market+$290
FMR is above market; underwrite to market rent.
90% standard$1,044 / 1.20 ratio110% standard$1,276 / 1.47 ratio
1 BR1.29
1 BR
1.29ratio
FMR$1,170
Market$910
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$1,053 / 1.16 ratio110% standard$1,287 / 1.41 ratio
2 BR1.20
2 BR
1.20ratio
FMR$1,470
Market$1,220
vs market+$250
FMR is above market; underwrite to market rent.
90% standard$1,323 / 1.08 ratio110% standard$1,617 / 1.33 ratio
3 BR1.33
3 BR
1.33ratio
FMR$2,040
Market$1,530
vs market+$510
FMR is above market; underwrite to market rent.
90% standard$1,836 / 1.20 ratio110% standard$2,244 / 1.47 ratio
4 BR1.24
4 BR
1.24ratio
FMR$2,470
Market$1,990
vs market+$480
FMR is above market; underwrite to market rent.
90% standard$2,223 / 1.12 ratio110% standard$2,717 / 1.37 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 58202 (ND) 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.
58202 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 58202 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,470 and the 4 bedroom fair market rent is $2,470.
Use this page for searches like 58202 FMR, 58202 fair market rent, and 58202 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 | $1,160 |
| 1 bedroom | $1,170 |
| 2 bedroom | $1,470 |
| 3 bedroom | $2,040 |
| 4 bedroom | $2,470 |