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
$238,255
Cost breakdown
+Likely effective rent$2,020
HUD FMR$1,900
Market rent$2,080
Est. payment standard (106%)Used$2,020
Estimated payment standard is $2,020 (106% of FMR).
-Principal and interest-$1,205
Loan amount$190,604
Down payment$47,651
Rate6.50%
Term30 years
-Operating costs-$615
Property taxes-$238
Insurance-$175
Utilities$0
HOA$0
Management-$202
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$32,348(67.9% ROI)
Projected value
$256,574
Current value$238,255
Return breakdown
Property appreciation+$18,320
Loan principal paid down+$6,829
Rental cash flow+$7,200
5-year hold
+$55,486(116.4% ROI)
Projected value
$269,563
Current value$238,255
Return breakdown
Property appreciation+$31,309
Loan principal paid down+$12,178
Rental cash flow+$12,000
10-year hold
+$119,749(251.3% ROI)
Projected value
$304,986
Current value$238,255
Return breakdown
Property appreciation+$66,731
Loan principal paid down+$29,017
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.
Studio0.90
Studio
0.90ratio
FMR$1,380
Market$1,540
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$1,242 / 0.81 ratio110% standard$1,518 / 0.99 ratio
1 BR0.80
1 BR
0.80ratio
FMR$1,550
Market$1,940
vs market-$390
FMR is below market; voucher rent may lag private rents.
90% standard$1,395 / 0.72 ratio110% standard$1,705 / 0.88 ratio
2 BR0.91
2 BR
0.91ratio
FMR$1,900
Market$2,080
vs market-$180
FMR is near market; voucher and private rents are aligned.
90% standard$1,710 / 0.82 ratio110% standard$2,090 / 1.00 ratio
3 BR1.15
3 BR
1.15ratio
FMR$2,630
Market$2,280
vs market+$350
FMR is above market; underwrite to market rent.
90% standard$2,367 / 1.04 ratio110% standard$2,893 / 1.27 ratio
4 BR0.95
4 BR
0.95ratio
FMR$2,990
Market$3,150
vs market-$160
FMR is near market; voucher and private rents are aligned.
90% standard$2,691 / 0.85 ratio110% standard$3,289 / 1.04 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 98402 (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.
98402 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98402 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,900 and the 4 bedroom fair market rent is $2,990.
Use this page for searches like 98402 FMR, 98402 fair market rent, and 98402 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 | $1,380 |
| 1 bedroom | $1,550 |
| 2 bedroom | $1,900 |
| 3 bedroom | $2,630 |
| 4 bedroom | $2,990 |