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
$190,703
Cost breakdown
+Likely effective rent$1,700
HUD FMR$1,660
Market rent$1,720
Est. payment standard (102%)Used$1,700
Estimated payment standard is $1,700 (102% of FMR).
-Principal and interest-$964
Loan amount$152,562
Down payment$38,141
Rate6.50%
Term30 years
-Operating costs-$536
Property taxes-$191
Insurance-$175
Utilities$0
HOA$0
Management-$170
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,329(71.7% ROI)
Projected value
$205,366
Current value$190,703
Return breakdown
Property appreciation+$14,663
Loan principal paid down+$5,466
Rental cash flow+$7,200
5-year hold
+$46,807(122.7% ROI)
Projected value
$215,763
Current value$190,703
Return breakdown
Property appreciation+$25,060
Loan principal paid down+$9,747
Rental cash flow+$12,000
10-year hold
+$100,639(263.9% ROI)
Projected value
$244,116
Current value$190,703
Return breakdown
Property appreciation+$53,413
Loan principal paid down+$23,226
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.
Studio1.09
Studio
1.09ratio
FMR$1,140
Market$1,050
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,026 / 0.98 ratio110% standard$1,254 / 1.19 ratio
1 BR1.12
1 BR
1.12ratio
FMR$1,340
Market$1,200
vs market+$140
FMR is above market; underwrite to market rent.
90% standard$1,206 / 1.01 ratio110% standard$1,474 / 1.23 ratio
2 BR0.97
2 BR
0.97ratio
FMR$1,660
Market$1,720
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,494 / 0.87 ratio110% standard$1,826 / 1.06 ratio
3 BR1.12
3 BR
1.12ratio
FMR$2,310
Market$2,060
vs market+$250
FMR is above market; underwrite to market rent.
90% standard$2,079 / 1.01 ratio110% standard$2,541 / 1.23 ratio
4 BR1.28
4 BR
1.28ratio
FMR$2,720
Market$2,120
vs market+$600
FMR is above market; underwrite to market rent.
90% standard$2,448 / 1.15 ratio110% standard$2,992 / 1.41 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents for larger 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 87120 (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.
87120 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 87120 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,660 and the 4 bedroom fair market rent is $2,720.
Use this page for searches like 87120 FMR, 87120 fair market rent, and 87120 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 | $1,140 |
| 1 bedroom | $1,340 |
| 2 bedroom | $1,660 |
| 3 bedroom | $2,310 |
| 4 bedroom | $2,720 |