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
$400,228
Cost breakdown
+Likely effective rent$3,110
HUD FMR$3,310
Market rentUsed$3,110
Est. payment standard (96%)$3,180
Market rent is below the inferred standard ($3,180, 96% of FMR).
-Principal and interest-$2,024
Loan amount$320,183
Down payment$80,046
Rate6.50%
Term30 years
-Operating costs-$886
Property taxes-$400
Insurance-$175
Utilities$0
HOA$0
Management-$311
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$49,445(61.8% ROI)
Projected value
$431,002
Current value$400,228
Return breakdown
Property appreciation+$30,774
Loan principal paid down+$11,471
Rental cash flow+$7,200
5-year hold
+$85,050(106.3% ROI)
Projected value
$452,822
Current value$400,228
Return breakdown
Property appreciation+$52,593
Loan principal paid down+$20,457
Rental cash flow+$12,000
10-year hold
+$184,842(230.9% ROI)
Projected value
$512,326
Current value$400,228
Return breakdown
Property appreciation+$112,098
Loan principal paid down+$48,744
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.
Studio1.30
Studio
1.30ratio
FMR$2,740
Market$2,100
vs market+$640
FMR is above market; underwrite to market rent.
90% standard$2,466 / 1.17 ratio110% standard$3,014 / 1.44 ratio
1 BR1.09
1 BR
1.09ratio
FMR$2,840
Market$2,610
vs market+$230
FMR is near market; voucher and private rents are aligned.
90% standard$2,556 / 0.98 ratio110% standard$3,124 / 1.20 ratio
2 BR1.06
2 BR
1.06ratio
FMR$3,310
Market$3,110
vs market+$200
FMR is near market; voucher and private rents are aligned.
90% standard$2,979 / 0.96 ratio110% standard$3,641 / 1.17 ratio
3 BR1.29
3 BR
1.29ratio
FMR$4,330
Market$3,360
vs market+$970
FMR is above market; underwrite to market rent.
90% standard$3,897 / 1.16 ratio110% standard$4,763 / 1.42 ratio
4 BR1.24
4 BR
1.24ratio
FMR$5,090
Market$4,120
vs market+$970
FMR is above market; underwrite to market rent.
90% standard$4,581 / 1.11 ratio110% standard$5,599 / 1.36 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 98053 (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.
98053 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98053 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 98053 FMR, 98053 fair market rent, and 98053 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 |