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
$495,332
Cost breakdown
+Likely effective rent$3,750
HUD FMR$3,740
Market rent$3,750
Est. payment standard (100%)Used$3,750
Estimated payment standard is $3,750 (100% of FMR).
-Principal and interest-$2,505
Loan amount$396,266
Down payment$99,066
Rate6.50%
Term30 years
-Operating costs-$1,045
Property taxes-$495
Insurance-$175
Utilities$0
HOA$0
Management-$375
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$59,484(60.0% ROI)
Projected value
$533,418
Current value$495,332
Return breakdown
Property appreciation+$38,086
Loan principal paid down+$14,197
Rental cash flow+$7,200
5-year hold
+$102,408(103.4% ROI)
Projected value
$560,423
Current value$495,332
Return breakdown
Property appreciation+$65,091
Loan principal paid down+$25,317
Rental cash flow+$12,000
10-year hold
+$223,062(225.2% ROI)
Projected value
$634,067
Current value$495,332
Return breakdown
Property appreciation+$138,735
Loan principal paid down+$60,327
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.
Studio1.78
Studio
1.78ratio
FMR$3,100
Market$1,740
vs market+$1,360
FMR is above market; underwrite to market rent.
1 BR1.26
1 BR
1.26ratio
FMR$3,210
Market$2,550
vs market+$660
FMR is above market; underwrite to market rent.
90% standard$2,889 / 1.13 ratio110% standard$3,531 / 1.38 ratio
2 BR1.00
2 BR
1.00ratio
FMR$3,740
Market$3,750
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$3,366 / 0.90 ratio110% standard$4,114 / 1.10 ratio
3 BR1.12
3 BR
1.12ratio
FMR$4,890
Market$4,380
vs market+$510
FMR is above market; underwrite to market rent.
90% standard$4,401 / 1.00 ratio110% standard$5,379 / 1.23 ratio
4 BR1.71
4 BR
1.71ratio
FMR$5,750
Market$3,360
vs market+$2,390
FMR is above market; underwrite to market rent.
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 98121 (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.
98121 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98121 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,740 and the 4 bedroom fair market rent is $5,750.
Use this page for searches like 98121 FMR, 98121 fair market rent, and 98121 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 | $3,100 |
| 1 bedroom | $3,210 |
| 2 bedroom | $3,740 |
| 3 bedroom | $4,890 |
| 4 bedroom | $5,750 |