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
$342,274
Cost breakdown
+Likely effective rent$2,720
HUD FMR$2,990
Market rentUsed$2,720
Est. payment standard (94%)$2,810
Market rent is below the inferred standard ($2,810, 94% of FMR).
-Principal and interest-$1,731
Loan amount$273,820
Down payment$68,455
Rate6.50%
Term30 years
-Operating costs-$789
Property taxes-$342
Insurance-$175
Utilities$0
HOA$0
Management-$272
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$43,328(63.3% ROI)
Projected value
$368,592
Current value$342,274
Return breakdown
Property appreciation+$26,318
Loan principal paid down+$9,810
Rental cash flow+$7,200
5-year hold
+$74,472(108.8% ROI)
Projected value
$387,252
Current value$342,274
Return breakdown
Property appreciation+$44,978
Loan principal paid down+$17,494
Rental cash flow+$12,000
10-year hold
+$161,552(236.0% ROI)
Projected value
$438,140
Current value$342,274
Return breakdown
Property appreciation+$95,866
Loan principal paid down+$41,686
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.
Studio1.51
Studio
1.51ratio
FMR$2,480
Market$1,640
vs market+$840
FMR is above market; underwrite to market rent.
90% standard$2,232 / 1.36 ratio110% standard$2,728 / 1.66 ratio
1 BR1.18
1 BR
1.18ratio
FMR$2,570
Market$2,170
vs market+$400
FMR is above market; underwrite to market rent.
90% standard$2,313 / 1.07 ratio110% standard$2,827 / 1.30 ratio
2 BR1.10
2 BR
1.10ratio
FMR$2,990
Market$2,720
vs market+$270
FMR is near market; voucher and private rents are aligned.
90% standard$2,691 / 0.99 ratio110% standard$3,289 / 1.21 ratio
3 BR1.11
3 BR
1.11ratio
FMR$3,910
Market$3,530
vs market+$380
FMR is above market; underwrite to market rent.
90% standard$3,519 / 1.00 ratio110% standard$4,301 / 1.22 ratio
4 BR1.23
4 BR
1.23ratio
FMR$4,600
Market$3,730
vs market+$870
FMR is above market; underwrite to market rent.
90% standard$4,140 / 1.11 ratio110% standard$5,060 / 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 98107 (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.
98107 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98107 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,990 and the 4 bedroom fair market rent is $4,600.
Use this page for searches like 98107 FMR, 98107 fair market rent, and 98107 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 | $2,480 |
| 1 bedroom | $2,570 |
| 2 bedroom | $2,990 |
| 3 bedroom | $3,910 |
| 4 bedroom | $4,600 |