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
$406,172
Cost breakdown
+Likely effective rent$3,150
HUD FMR$3,400
Market rentUsed$3,150
Est. payment standard (95%)$3,240
Market rent is below the inferred standard ($3,240, 95% of FMR).
-Principal and interest-$2,054
Loan amount$324,938
Down payment$81,234
Rate6.50%
Term30 years
-Operating costs-$896
Property taxes-$406
Insurance-$175
Utilities$0
HOA$0
Management-$315
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$50,073(61.6% ROI)
Projected value
$437,403
Current value$406,172
Return breakdown
Property appreciation+$31,231
Loan principal paid down+$11,642
Rental cash flow+$7,200
5-year hold
+$86,135(106.0% ROI)
Projected value
$459,547
Current value$406,172
Return breakdown
Property appreciation+$53,374
Loan principal paid down+$20,760
Rental cash flow+$12,000
10-year hold
+$187,231(230.5% ROI)
Projected value
$519,935
Current value$406,172
Return breakdown
Property appreciation+$113,763
Loan principal paid down+$49,468
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.
Studio1.68
Studio
1.68ratio
FMR$2,820
Market$1,680
vs market+$1,140
FMR is above market; underwrite to market rent.
1 BR1.23
1 BR
1.23ratio
FMR$2,920
Market$2,380
vs market+$540
FMR is above market; underwrite to market rent.
90% standard$2,628 / 1.10 ratio110% standard$3,212 / 1.35 ratio
2 BR1.08
2 BR
1.08ratio
FMR$3,400
Market$3,150
vs market+$250
FMR is near market; voucher and private rents are aligned.
90% standard$3,060 / 0.97 ratio110% standard$3,740 / 1.19 ratio
3 BR1.01
3 BR
1.01ratio
FMR$4,450
Market$4,420
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$4,005 / 0.91 ratio110% standard$4,895 / 1.11 ratio
4 BR1.01
4 BR
1.01ratio
FMR$5,230
Market$5,170
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$4,707 / 0.91 ratio110% standard$5,753 / 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 98109 (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.
98109 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98109 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,400 and the 4 bedroom fair market rent is $5,230.
Use this page for searches like 98109 FMR, 98109 fair market rent, and 98109 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 | $2,820 |
| 1 bedroom | $2,920 |
| 2 bedroom | $3,400 |
| 3 bedroom | $4,450 |
| 4 bedroom | $5,230 |