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
$311,068
Cost breakdown
+Likely effective rent$2,510
HUD FMR$2,420
Market rent$2,560
Est. payment standard (104%)Used$2,510
Estimated payment standard is $2,510 (104% of FMR).
-Principal and interest-$1,573
Loan amount$248,855
Down payment$62,214
Rate6.50%
Term30 years
-Operating costs-$737
Property taxes-$311
Insurance-$175
Utilities$0
HOA$0
Management-$251
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$40,034(64.3% ROI)
Projected value
$334,987
Current value$311,068
Return breakdown
Property appreciation+$23,918
Loan principal paid down+$8,916
Rental cash flow+$7,200
5-year hold
+$68,776(110.5% ROI)
Projected value
$351,945
Current value$311,068
Return breakdown
Property appreciation+$40,877
Loan principal paid down+$15,899
Rental cash flow+$12,000
10-year hold
+$149,011(239.5% ROI)
Projected value
$398,194
Current value$311,068
Return breakdown
Property appreciation+$87,125
Loan principal paid down+$37,885
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.
Studio1.43
Studio
1.43ratio
FMR$1,800
Market$1,260
vs market+$540
FMR is above market; underwrite to market rent.
90% standard$1,620 / 1.29 ratio110% standard$1,980 / 1.57 ratio
1 BR1.23
1 BR
1.23ratio
FMR$1,970
Market$1,600
vs market+$370
FMR is above market; underwrite to market rent.
90% standard$1,773 / 1.11 ratio110% standard$2,167 / 1.35 ratio
2 BR0.95
2 BR
0.95ratio
FMR$2,420
Market$2,560
vs market-$140
FMR is near market; voucher and private rents are aligned.
90% standard$2,178 / 0.85 ratio110% standard$2,662 / 1.04 ratio
3 BR1.23
3 BR
1.23ratio
FMR$3,360
Market$2,740
vs market+$620
FMR is above market; underwrite to market rent.
90% standard$3,024 / 1.10 ratio110% standard$3,696 / 1.35 ratio
4 BR1.15
4 BR
1.15ratio
FMR$3,810
Market$3,320
vs market+$490
FMR is above market; underwrite to market rent.
90% standard$3,429 / 1.03 ratio110% standard$4,191 / 1.26 ratio
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 98422 (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.
98422 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98422 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,420 and the 4 bedroom fair market rent is $3,810.
Use this page for searches like 98422 FMR, 98422 fair market rent, and 98422 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 | $1,800 |
| 1 bedroom | $1,970 |
| 2 bedroom | $2,420 |
| 3 bedroom | $3,360 |
| 4 bedroom | $3,810 |