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
$77,767
Cost breakdown
+Likely effective rent$940
HUD FMR$1,150
Market rentUsed$940
Est. payment standard (90%)$1,040
Market rent is below the inferred standard ($1,040, 90% of FMR).
-Principal and interest-$393
Loan amount$62,214
Down payment$15,553
Rate6.50%
Term30 years
-Operating costs-$347
Property taxes-$78
Insurance-$175
Utilities$0
HOA$0
Management-$94
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$15,409(99.1% ROI)
Projected value
$83,747
Current value$77,767
Return breakdown
Property appreciation+$5,980
Loan principal paid down+$2,229
Rental cash flow+$7,200
5-year hold
+$26,194(168.4% ROI)
Projected value
$87,986
Current value$77,767
Return breakdown
Property appreciation+$10,219
Loan principal paid down+$3,975
Rental cash flow+$12,000
10-year hold
+$55,253(355.2% ROI)
Projected value
$99,548
Current value$77,767
Return breakdown
Property appreciation+$21,781
Loan principal paid down+$9,471
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.
Studio1.04
Studio
1.04ratio
FMR$870
Market$840
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$783 / 0.93 ratio110% standard$957 / 1.14 ratio
1 BR1.04
1 BR
1.04ratio
FMR$880
Market$850
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$792 / 0.93 ratio110% standard$968 / 1.14 ratio
2 BR1.22
2 BR
1.22ratio
FMR$1,150
Market$940
vs market+$210
FMR is above market; underwrite to market rent.
90% standard$1,035 / 1.10 ratio110% standard$1,265 / 1.35 ratio
3 BR0.97
3 BR
0.97ratio
FMR$1,380
Market$1,430
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,242 / 0.87 ratio110% standard$1,518 / 1.06 ratio
4 BR0.71
4 BR
0.71ratio
FMR$1,520
Market$2,140
vs market-$620
FMR is below market; voucher rent may lag private rents.
90% standard$1,368 / 0.64 ratio110% standard$1,672 / 0.78 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 70607 (LA) 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.
70607 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 70607 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,150 and the 4 bedroom fair market rent is $1,520.
Use this page for searches like 70607 FMR, 70607 fair market rent, and 70607 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 | $870 |
| 1 bedroom | $880 |
| 2 bedroom | $1,150 |
| 3 bedroom | $1,380 |
| 4 bedroom | $1,520 |