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
$388,340
Cost breakdown
+Likely effective rent$3,030
HUD FMR$3,160
Market rentUsed$3,030
Est. payment standard (97%)$3,080
Market rent is below the inferred standard ($3,080, 97% of FMR).
-Principal and interest-$1,964
Loan amount$310,672
Down payment$77,668
Rate6.50%
Term30 years
-Operating costs-$866
Property taxes-$388
Insurance-$175
Utilities$0
HOA$0
Management-$303
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$48,190(62.0% ROI)
Projected value
$418,200
Current value$388,340
Return breakdown
Property appreciation+$29,860
Loan principal paid down+$11,131
Rental cash flow+$7,200
5-year hold
+$82,880(106.7% ROI)
Projected value
$439,371
Current value$388,340
Return breakdown
Property appreciation+$51,031
Loan principal paid down+$19,849
Rental cash flow+$12,000
10-year hold
+$180,064(231.8% ROI)
Projected value
$497,108
Current value$388,340
Return breakdown
Property appreciation+$108,768
Loan principal paid down+$47,296
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.
Studio1.58
Studio
1.58ratio
FMR$2,620
Market$1,660
vs market+$960
FMR is above market; underwrite to market rent.
1 BR1.31
1 BR
1.31ratio
FMR$2,710
Market$2,070
vs market+$640
FMR is above market; underwrite to market rent.
90% standard$2,439 / 1.18 ratio110% standard$2,981 / 1.44 ratio
2 BR1.04
2 BR
1.04ratio
FMR$3,160
Market$3,030
vs market+$130
FMR is near market; voucher and private rents are aligned.
90% standard$2,844 / 0.94 ratio110% standard$3,476 / 1.15 ratio
3 BR1.20
3 BR
1.20ratio
FMR$4,130
Market$3,450
vs market+$680
FMR is above market; underwrite to market rent.
90% standard$3,717 / 1.08 ratio110% standard$4,543 / 1.32 ratio
4 BR1.14
4 BR
1.14ratio
FMR$4,860
Market$4,250
vs market+$610
FMR is above market; underwrite to market rent.
90% standard$4,374 / 1.03 ratio110% standard$5,346 / 1.26 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 98008 (WA) 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.
98008 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98008 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,160 and the 4 bedroom fair market rent is $4,860.
Use this page for searches like 98008 FMR, 98008 fair market rent, and 98008 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 | $2,620 |
| 1 bedroom | $2,710 |
| 2 bedroom | $3,160 |
| 3 bedroom | $4,130 |
| 4 bedroom | $4,860 |