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$2,310
Market rent$2,330
Est. payment standard (101%)Used$2,320
Estimated payment standard is $2,320 (101% 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.
Studio1.01
Studio
1.01ratio
FMR$1,890
Market$1,870
vs market+$20
FMR is near market; voucher and private rents are aligned.
90% standard$1,701 / 0.91 ratio110% standard$2,079 / 1.11 ratio
1 BR1.13
1 BR
1.13ratio
FMR$2,020
Market$1,780
vs market+$240
FMR is above market; underwrite to market rent.
90% standard$1,818 / 1.02 ratio110% standard$2,222 / 1.25 ratio
2 BR0.99
2 BR
0.99ratio
FMR$2,310
Market$2,330
vs market-$20
FMR is near market; voucher and private rents are aligned.
90% standard$2,079 / 0.89 ratio110% standard$2,541 / 1.09 ratio
3 BR1.25
3 BR
1.25ratio
FMR$3,150
Market$2,530
vs market+$620
FMR is above market; underwrite to market rent.
90% standard$2,835 / 1.12 ratio110% standard$3,465 / 1.37 ratio
4 BR1.23
4 BR
1.23ratio
FMR$3,740
Market$3,040
vs market+$700
FMR is above market; underwrite to market rent.
90% standard$3,366 / 1.11 ratio110% standard$4,114 / 1.35 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 98642 (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.
98642 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 98642 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,310 and the 4 bedroom fair market rent is $3,740.
Use this page for searches like 98642 FMR, 98642 fair market rent, and 98642 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 | $1,890 |
| 1 bedroom | $2,020 |
| 2 bedroom | $2,310 |
| 3 bedroom | $3,150 |
| 4 bedroom | $3,740 |