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$3,020
Market rent$3,030
Est. payment standard (100%)Used$3,030
Estimated payment standard is $3,030 (100% 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
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio1.37
Studio
1.37ratio
FMR$2,500
Market$1,830
vs market+$670
FMR is above market; underwrite to market rent.
90% standard$2,250 / 1.23 ratio110% standard$2,750 / 1.50 ratio
1 BR1.10
1 BR
1.10ratio
FMR$2,590
Market$2,350
vs market+$240
FMR is above market; underwrite to market rent.
90% standard$2,331 / 0.99 ratio110% standard$2,849 / 1.21 ratio
2 BR1.00
2 BR
1.00ratio
FMR$3,020
Market$3,030
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$2,718 / 0.90 ratio110% standard$3,322 / 1.10 ratio
3 BR1.00
3 BR
1.00ratio
FMR$3,950
Market$3,960
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$3,555 / 0.90 ratio110% standard$4,345 / 1.10 ratio
4 BR1.01
4 BR
1.01ratio
FMR$4,650
Market$4,590
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$4,185 / 0.91 ratio110% standard$5,115 / 1.11 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 98040 (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.
98040 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98040 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,020 and the 4 bedroom fair market rent is $4,650.
Use this page for searches like 98040 FMR, 98040 fair market rent, and 98040 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 | $2,500 |
| 1 bedroom | $2,590 |
| 2 bedroom | $3,020 |
| 3 bedroom | $3,950 |
| 4 bedroom | $4,650 |