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
$282,835
Cost breakdown
+Likely effective rent$2,320
HUD FMR$2,190
Market rent$2,390
Est. payment standard (106%)Used$2,320
Estimated payment standard is $2,320 (106% of FMR).
-Principal and interest-$1,430
Loan amount$226,268
Down payment$56,567
Rate6.50%
Term30 years
-Operating costs-$690
Property taxes-$283
Insurance-$175
Utilities$0
HOA$0
Management-$232
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$37,054(65.5% ROI)
Projected value
$304,582
Current value$282,835
Return breakdown
Property appreciation+$21,747
Loan principal paid down+$8,107
Rental cash flow+$7,200
5-year hold
+$63,623(112.5% ROI)
Projected value
$320,001
Current value$282,835
Return breakdown
Property appreciation+$37,167
Loan principal paid down+$14,456
Rental cash flow+$12,000
10-year hold
+$137,664(243.4% ROI)
Projected value
$362,052
Current value$282,835
Return breakdown
Property appreciation+$79,218
Loan principal paid down+$34,447
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.
Studio1.25
Studio
1.25ratio
FMR$1,820
Market$1,460
vs market+$360
FMR is above market; underwrite to market rent.
90% standard$1,638 / 1.12 ratio110% standard$2,002 / 1.37 ratio
1 BR1.16
1 BR
1.16ratio
FMR$1,880
Market$1,620
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$1,692 / 1.04 ratio110% standard$2,068 / 1.28 ratio
2 BR0.92
2 BR
0.92ratio
FMR$2,190
Market$2,390
vs market-$200
FMR is near market; voucher and private rents are aligned.
90% standard$1,971 / 0.82 ratio110% standard$2,409 / 1.01 ratio
3 BR0.94
3 BR
0.94ratio
FMR$2,870
Market$3,050
vs market-$180
FMR is near market; voucher and private rents are aligned.
90% standard$2,583 / 0.85 ratio110% standard$3,157 / 1.04 ratio
4 BR0.88
4 BR
0.88ratio
FMR$3,370
Market$3,820
vs market-$450
FMR is below market; voucher rent may lag private rents.
90% standard$3,033 / 0.79 ratio110% standard$3,707 / 0.97 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 98166 (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.
98166 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98166 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,190 and the 4 bedroom fair market rent is $3,370.
Use this page for searches like 98166 FMR, 98166 fair market rent, and 98166 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 | $1,820 |
| 1 bedroom | $1,880 |
| 2 bedroom | $2,190 |
| 3 bedroom | $2,870 |
| 4 bedroom | $3,370 |