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
$303,639
Cost breakdown
+Likely effective rent$2,460
HUD FMR$2,550
Market rentUsed$2,460
Est. payment standard (98%)$2,490
Market rent is below the inferred standard ($2,490, 98% of FMR).
-Principal and interest-$1,535
Loan amount$242,911
Down payment$60,728
Rate6.50%
Term30 years
-Operating costs-$725
Property taxes-$304
Insurance-$175
Utilities$0
HOA$0
Management-$246
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$39,250(64.6% ROI)
Projected value
$326,985
Current value$303,639
Return breakdown
Property appreciation+$23,347
Loan principal paid down+$8,703
Rental cash flow+$7,200
5-year hold
+$67,420(111.0% ROI)
Projected value
$343,539
Current value$303,639
Return breakdown
Property appreciation+$39,901
Loan principal paid down+$15,520
Rental cash flow+$12,000
10-year hold
+$146,025(240.5% ROI)
Projected value
$388,683
Current value$303,639
Return breakdown
Property appreciation+$85,044
Loan principal paid down+$36,980
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.
Studio1.41
Studio
1.41ratio
FMR$2,110
Market$1,500
vs market+$610
FMR is above market; underwrite to market rent.
90% standard$1,899 / 1.27 ratio110% standard$2,321 / 1.55 ratio
1 BR1.00
1 BR
1.00ratio
FMR$2,190
Market$2,180
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$1,971 / 0.90 ratio110% standard$2,409 / 1.11 ratio
2 BR1.04
2 BR
1.04ratio
FMR$2,550
Market$2,460
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$2,295 / 0.93 ratio110% standard$2,805 / 1.14 ratio
3 BR1.13
3 BR
1.13ratio
FMR$3,340
Market$2,950
vs market+$390
FMR is above market; underwrite to market rent.
90% standard$3,006 / 1.02 ratio110% standard$3,674 / 1.25 ratio
4 BR1.05
4 BR
1.05ratio
FMR$3,920
Market$3,740
vs market+$180
FMR is near market; voucher and private rents are aligned.
90% standard$3,528 / 0.94 ratio110% standard$4,312 / 1.15 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 98113 (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.
98113 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98113 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,550 and the 4 bedroom fair market rent is $3,920.
Use this page for searches like 98113 FMR, 98113 fair market rent, and 98113 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 | $2,110 |
| 1 bedroom | $2,190 |
| 2 bedroom | $2,550 |
| 3 bedroom | $3,340 |
| 4 bedroom | $3,920 |