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
$248,657
Cost breakdown
+Likely effective rent$2,090
HUD FMR$2,320
Market rentUsed$2,090
Est. payment standard (94%)$2,170
Market rent is below the inferred standard ($2,170, 94% of FMR).
-Principal and interest-$1,257
Loan amount$198,925
Down payment$49,731
Rate6.50%
Term30 years
-Operating costs-$633
Property taxes-$249
Insurance-$175
Utilities$0
HOA$0
Management-$209
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$33,446(67.3% ROI)
Projected value
$267,776
Current value$248,657
Return breakdown
Property appreciation+$19,119
Loan principal paid down+$7,127
Rental cash flow+$7,200
5-year hold
+$57,385(115.4% ROI)
Projected value
$281,332
Current value$248,657
Return breakdown
Property appreciation+$32,676
Loan principal paid down+$12,709
Rental cash flow+$12,000
10-year hold
+$123,929(249.2% ROI)
Projected value
$318,302
Current value$248,657
Return breakdown
Property appreciation+$69,645
Loan principal paid down+$30,284
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.
Studio1.32
Studio
1.32ratio
FMR$1,920
Market$1,460
vs market+$460
FMR is above market; underwrite to market rent.
90% standard$1,728 / 1.18 ratio110% standard$2,112 / 1.45 ratio
1 BR1.24
1 BR
1.24ratio
FMR$1,990
Market$1,600
vs market+$390
FMR is above market; underwrite to market rent.
90% standard$1,791 / 1.12 ratio110% standard$2,189 / 1.37 ratio
2 BR1.11
2 BR
1.11ratio
FMR$2,320
Market$2,090
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$2,088 / 1.00 ratio110% standard$2,552 / 1.22 ratio
3 BR1.22
3 BR
1.22ratio
FMR$3,040
Market$2,490
vs market+$550
FMR is above market; underwrite to market rent.
90% standard$2,736 / 1.10 ratio110% standard$3,344 / 1.34 ratio
4 BR1.34
4 BR
1.34ratio
FMR$3,570
Market$2,660
vs market+$910
FMR is above market; underwrite to market rent.
90% standard$3,213 / 1.21 ratio110% standard$3,927 / 1.48 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across all bedroom 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 98213 (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.
98213 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98213 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,320 and the 4 bedroom fair market rent is $3,570.
Use this page for searches like 98213 FMR, 98213 fair market rent, and 98213 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 | $1,920 |
| 1 bedroom | $1,990 |
| 2 bedroom | $2,320 |
| 3 bedroom | $3,040 |
| 4 bedroom | $3,570 |