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
$300,667
Cost breakdown
+Likely effective rent$2,440
HUD FMR$2,580
Market rentUsed$2,440
Est. payment standard (96%)$2,490
Market rent is below the inferred standard ($2,490, 96% of FMR).
-Principal and interest-$1,520
Loan amount$240,533
Down payment$60,133
Rate6.50%
Term30 years
-Operating costs-$720
Property taxes-$301
Insurance-$175
Utilities$0
HOA$0
Management-$244
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$38,936(64.7% ROI)
Projected value
$323,785
Current value$300,667
Return breakdown
Property appreciation+$23,118
Loan principal paid down+$8,618
Rental cash flow+$7,200
5-year hold
+$66,878(111.2% ROI)
Projected value
$340,177
Current value$300,667
Return breakdown
Property appreciation+$39,510
Loan principal paid down+$15,368
Rental cash flow+$12,000
10-year hold
+$144,831(240.8% ROI)
Projected value
$384,879
Current value$300,667
Return breakdown
Property appreciation+$84,212
Loan principal paid down+$36,618
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.
Studio1.52
Studio
1.52ratio
FMR$2,140
Market$1,410
vs market+$730
FMR is above market; underwrite to market rent.
90% standard$1,926 / 1.37 ratio110% standard$2,354 / 1.67 ratio
1 BR1.27
1 BR
1.27ratio
FMR$2,210
Market$1,740
vs market+$470
FMR is above market; underwrite to market rent.
90% standard$1,989 / 1.14 ratio110% standard$2,431 / 1.40 ratio
2 BR1.06
2 BR
1.06ratio
FMR$2,580
Market$2,440
vs market+$140
FMR is near market; voucher and private rents are aligned.
90% standard$2,322 / 0.95 ratio110% standard$2,838 / 1.16 ratio
3 BR1.13
3 BR
1.13ratio
FMR$3,380
Market$3,000
vs market+$380
FMR is above market; underwrite to market rent.
90% standard$3,042 / 1.01 ratio110% standard$3,718 / 1.24 ratio
4 BR1.15
4 BR
1.15ratio
FMR$3,970
Market$3,460
vs market+$510
FMR is above market; underwrite to market rent.
90% standard$3,573 / 1.03 ratio110% standard$4,367 / 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 98055 (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.
98055 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98055 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,580 and the 4 bedroom fair market rent is $3,970.
Use this page for searches like 98055 FMR, 98055 fair market rent, and 98055 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 | $2,140 |
| 1 bedroom | $2,210 |
| 2 bedroom | $2,580 |
| 3 bedroom | $3,380 |
| 4 bedroom | $3,970 |