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
$330,386
Cost breakdown
+Likely effective rent$2,640
HUD FMR$2,480
Market rent$2,720
Est. payment standard (106%)Used$2,640
Estimated payment standard is $2,640 (106% of FMR).
-Principal and interest-$1,671
Loan amount$264,309
Down payment$66,077
Rate6.50%
Term30 years
-Operating costs-$769
Property taxes-$330
Insurance-$175
Utilities$0
HOA$0
Management-$264
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$42,073(63.7% ROI)
Projected value
$355,790
Current value$330,386
Return breakdown
Property appreciation+$25,404
Loan principal paid down+$9,470
Rental cash flow+$7,200
5-year hold
+$72,302(109.4% ROI)
Projected value
$373,802
Current value$330,386
Return breakdown
Property appreciation+$43,415
Loan principal paid down+$16,887
Rental cash flow+$12,000
10-year hold
+$156,774(237.3% ROI)
Projected value
$422,923
Current value$330,386
Return breakdown
Property appreciation+$92,536
Loan principal paid down+$40,238
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.
Studio1.20
Studio
1.20ratio
FMR$2,060
Market$1,710
vs market+$350
FMR is above market; underwrite to market rent.
90% standard$1,854 / 1.08 ratio110% standard$2,266 / 1.33 ratio
1 BR1.02
1 BR
1.02ratio
FMR$2,130
Market$2,090
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,917 / 0.92 ratio110% standard$2,343 / 1.12 ratio
2 BR0.91
2 BR
0.91ratio
FMR$2,480
Market$2,720
vs market-$240
FMR is near market; voucher and private rents are aligned.
90% standard$2,232 / 0.82 ratio110% standard$2,728 / 1.00 ratio
3 BR0.98
3 BR
0.98ratio
FMR$3,240
Market$3,290
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$2,916 / 0.89 ratio110% standard$3,564 / 1.08 ratio
4 BR1.02
4 BR
1.02ratio
FMR$3,810
Market$3,750
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$3,429 / 0.91 ratio110% standard$4,191 / 1.12 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 98056 (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.
98056 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98056 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,480 and the 4 bedroom fair market rent is $3,810.
Use this page for searches like 98056 FMR, 98056 fair market rent, and 98056 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 | $2,060 |
| 1 bedroom | $2,130 |
| 2 bedroom | $2,480 |
| 3 bedroom | $3,240 |
| 4 bedroom | $3,810 |