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
$389,826
Cost breakdown
+Likely effective rent$3,040
HUD FMR$3,310
Market rentUsed$3,040
Est. payment standard (95%)$3,130
Market rent is below the inferred standard ($3,130, 95% of FMR).
-Principal and interest-$1,971
Loan amount$311,861
Down payment$77,965
Rate6.50%
Term30 years
-Operating costs-$869
Property taxes-$390
Insurance-$175
Utilities$0
HOA$0
Management-$304
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$48,347(62.0% ROI)
Projected value
$419,800
Current value$389,826
Return breakdown
Property appreciation+$29,974
Loan principal paid down+$11,173
Rental cash flow+$7,200
5-year hold
+$83,151(106.7% ROI)
Projected value
$441,053
Current value$389,826
Return breakdown
Property appreciation+$51,226
Loan principal paid down+$19,925
Rental cash flow+$12,000
10-year hold
+$180,662(231.7% ROI)
Projected value
$499,011
Current value$389,826
Return breakdown
Property appreciation+$109,184
Loan principal paid down+$47,477
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.
Studio1.37
Studio
1.37ratio
FMR$2,740
Market$2,000
vs market+$740
FMR is above market; underwrite to market rent.
90% standard$2,466 / 1.23 ratio110% standard$3,014 / 1.51 ratio
1 BR1.24
1 BR
1.24ratio
FMR$2,840
Market$2,290
vs market+$550
FMR is above market; underwrite to market rent.
90% standard$2,556 / 1.12 ratio110% standard$3,124 / 1.36 ratio
2 BR1.09
2 BR
1.09ratio
FMR$3,310
Market$3,040
vs market+$270
FMR is near market; voucher and private rents are aligned.
90% standard$2,979 / 0.98 ratio110% standard$3,641 / 1.20 ratio
3 BR1.22
3 BR
1.22ratio
FMR$4,330
Market$3,540
vs market+$790
FMR is above market; underwrite to market rent.
90% standard$3,897 / 1.10 ratio110% standard$4,763 / 1.35 ratio
4 BR1.21
4 BR
1.21ratio
FMR$5,090
Market$4,200
vs market+$890
FMR is above market; underwrite to market rent.
90% standard$4,581 / 1.09 ratio110% standard$5,599 / 1.33 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 98029 (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.
98029 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98029 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,310 and the 4 bedroom fair market rent is $5,090.
Use this page for searches like 98029 FMR, 98029 fair market rent, and 98029 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 | $2,740 |
| 1 bedroom | $2,840 |
| 2 bedroom | $3,310 |
| 3 bedroom | $4,330 |
| 4 bedroom | $5,090 |