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
$239,741
Cost breakdown
+Likely effective rent$2,030
HUD FMR$1,890
Market rent$2,110
Est. payment standard (108%)Used$2,030
Estimated payment standard is $2,030 (108% of FMR).
-Principal and interest-$1,212
Loan amount$191,793
Down payment$47,948
Rate6.50%
Term30 years
-Operating costs-$618
Property taxes-$240
Insurance-$175
Utilities$0
HOA$0
Management-$203
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$32,505(67.8% ROI)
Projected value
$258,174
Current value$239,741
Return breakdown
Property appreciation+$18,434
Loan principal paid down+$6,871
Rental cash flow+$7,200
5-year hold
+$55,758(116.3% ROI)
Projected value
$271,245
Current value$239,741
Return breakdown
Property appreciation+$31,504
Loan principal paid down+$12,254
Rental cash flow+$12,000
10-year hold
+$120,346(251.0% ROI)
Projected value
$306,888
Current value$239,741
Return breakdown
Property appreciation+$67,148
Loan principal paid down+$29,198
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.
Studio1.03
Studio
1.03ratio
FMR$1,540
Market$1,490
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,386 / 0.93 ratio110% standard$1,694 / 1.14 ratio
1 BR0.90
1 BR
0.90ratio
FMR$1,570
Market$1,750
vs market-$180
FMR is below market; voucher rent may lag private rents.
90% standard$1,413 / 0.81 ratio110% standard$1,727 / 0.99 ratio
2 BR0.90
2 BR
0.90ratio
FMR$1,890
Market$2,110
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$1,701 / 0.81 ratio110% standard$2,079 / 0.99 ratio
3 BR0.94
3 BR
0.94ratio
FMR$2,630
Market$2,790
vs market-$160
FMR is near market; voucher and private rents are aligned.
90% standard$2,367 / 0.85 ratio110% standard$2,893 / 1.04 ratio
4 BR0.90
4 BR
0.90ratio
FMR$3,170
Market$3,510
vs market-$340
FMR is near market; voucher and private rents are aligned.
90% standard$2,853 / 0.81 ratio110% standard$3,487 / 0.99 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 98229 (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.
98229 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98229 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,890 and the 4 bedroom fair market rent is $3,170.
Use this page for searches like 98229 FMR, 98229 fair market rent, and 98229 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 | $1,540 |
| 1 bedroom | $1,570 |
| 2 bedroom | $1,890 |
| 3 bedroom | $2,630 |
| 4 bedroom | $3,170 |