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
$223,395
Cost breakdown
+Likely effective rent$1,920
HUD FMR$2,050
Market rentUsed$1,920
Est. payment standard (96%)$1,970
Market rent is below the inferred standard ($1,970, 96% of FMR).
-Principal and interest-$1,130
Loan amount$178,716
Down payment$44,679
Rate6.50%
Term30 years
-Operating costs-$590
Property taxes-$223
Insurance-$175
Utilities$0
HOA$0
Management-$192
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$30,780(68.9% ROI)
Projected value
$240,572
Current value$223,395
Return breakdown
Property appreciation+$17,177
Loan principal paid down+$6,403
Rental cash flow+$7,200
5-year hold
+$52,774(118.1% ROI)
Projected value
$252,751
Current value$223,395
Return breakdown
Property appreciation+$29,356
Loan principal paid down+$11,418
Rental cash flow+$12,000
10-year hold
+$113,777(254.7% ROI)
Projected value
$285,964
Current value$223,395
Return breakdown
Property appreciation+$62,569
Loan principal paid down+$27,207
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- 32033
0.90ratio
FMR$1,670
Market$1,860
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,503 / 0.81 ratio110% standard$1,837 / 0.99 ratio
1 BR0.90
1 BR- 32033
0.90ratio
FMR$1,710
Market$1,900
vs market-$190
FMR is near market; voucher and private rents are aligned.
90% standard$1,539 / 0.81 ratio110% standard$1,881 / 0.99 ratio
2 BR1.07
2 BR- 32033
1.07ratio
FMR$2,050
Market$1,920
vs market+$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,845 / 0.96 ratio110% standard$2,255 / 1.17 ratio
3 BR1.30
3 BR- 32033
1.30ratio
FMR$2,530
Market$1,940
vs market+$590
FMR is above market; underwrite to market rent.
90% standard$2,277 / 1.17 ratio110% standard$2,783 / 1.43 ratio
4 BR1.52
4 BR- 32033
1.52ratio
FMR$3,170
Market$2,080
vs market+$1,090
FMR is above market; underwrite to market rent.
90% standard$2,853 / 1.37 ratio110% standard$3,487 / 1.68 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 ELKTON, FL (FL) 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.
Related ZIPs
ELKTON, FL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for ELKTON, FL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,050 and the 4 bedroom fair market rent is $3,170.
Use this page for searches like ELKTON, FL FMR, ELKTON, FL fair market rent, and ELKTON, FL 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 | $1,670 |
| 1 bedroom | $1,710 |
| 2 bedroom | $2,050 |
| 3 bedroom | $2,530 |
| 4 bedroom | $3,170 |