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
$238,255
Cost breakdown
+Likely effective rent$2,020
HUD FMR$1,840
Market rent$2,120
Est. payment standard (110%)Used$2,020
Estimated payment standard is $2,020 (110% of FMR).
-Principal and interest-$1,205
Loan amount$190,604
Down payment$47,651
Rate6.50%
Term30 years
-Operating costs-$615
Property taxes-$238
Insurance-$175
Utilities$0
HOA$0
Management-$202
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$32,348(67.9% ROI)
Projected value
$256,574
Current value$238,255
Return breakdown
Property appreciation+$18,320
Loan principal paid down+$6,829
Rental cash flow+$7,200
5-year hold
+$55,486(116.4% ROI)
Projected value
$269,563
Current value$238,255
Return breakdown
Property appreciation+$31,309
Loan principal paid down+$12,178
Rental cash flow+$12,000
10-year hold
+$119,749(251.3% ROI)
Projected value
$304,986
Current value$238,255
Return breakdown
Property appreciation+$66,731
Loan principal paid down+$29,017
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.
Studio0.85
Studio
0.85ratio
FMR$1,270
Market$1,500
vs market-$230
FMR is below market; voucher rent may lag private rents.
90% standard$1,143 / 0.76 ratio110% standard$1,397 / 0.93 ratio
1 BR0.78
1 BR
0.78ratio
FMR$1,490
Market$1,900
vs market-$410
FMR is below market; voucher rent may lag private rents.
90% standard$1,341 / 0.71 ratio110% standard$1,639 / 0.86 ratio
2 BR0.87
2 BR
0.87ratio
FMR$1,840
Market$2,120
vs market-$280
FMR is below market; voucher rent may lag private rents.
90% standard$1,656 / 0.78 ratio110% standard$2,024 / 0.95 ratio
3 BR1.03
3 BR
1.03ratio
FMR$2,560
Market$2,490
vs market+$70
FMR is near market; voucher and private rents are aligned.
90% standard$2,304 / 0.93 ratio110% standard$2,816 / 1.13 ratio
4 BR1.05
4 BR
1.05ratio
FMR$3,010
Market$2,880
vs market+$130
FMR is near market; voucher and private rents are aligned.
90% standard$2,709 / 0.94 ratio110% standard$3,311 / 1.15 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller unit 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 87111 (NM) 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.
87111 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 87111 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,840 and the 4 bedroom fair market rent is $3,010.
Use this page for searches like 87111 FMR, 87111 fair market rent, and 87111 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 | $1,270 |
| 1 bedroom | $1,490 |
| 2 bedroom | $1,840 |
| 3 bedroom | $2,560 |
| 4 bedroom | $3,010 |