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
$465,612
Cost breakdown
+Likely effective rent$3,550
HUD FMR$3,230
Market rent$4,490
Est. payment standard (110%)Used$3,550
Estimated payment standard is $3,550 (110% of FMR).
-Principal and interest-$2,354
Loan amount$372,490
Down payment$93,122
Rate6.50%
Term30 years
-Operating costs-$996
Property taxes-$466
Insurance-$175
Utilities$0
HOA$0
Management-$355
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$56,347(60.5% ROI)
Projected value
$501,413
Current value$465,612
Return breakdown
Property appreciation+$35,801
Loan principal paid down+$13,345
Rental cash flow+$7,200
5-year hold
+$96,984(104.1% ROI)
Projected value
$526,797
Current value$465,612
Return breakdown
Property appreciation+$61,185
Loan principal paid down+$23,798
Rental cash flow+$12,000
10-year hold
+$211,118(226.7% ROI)
Projected value
$596,023
Current value$465,612
Return breakdown
Property appreciation+$130,411
Loan principal paid down+$56,707
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.
Studio0.80
Studio
0.80ratio
FMR$2,340
Market$2,920
vs market-$580
FMR is below market; voucher rent may lag private rents.
90% standard$2,106 / 0.72 ratio110% standard$2,574 / 0.88 ratio
1 BR0.80
1 BR
0.80ratio
FMR$2,800
Market$3,500
vs market-$700
FMR is below market; voucher rent may lag private rents.
90% standard$2,520 / 0.72 ratio110% standard$3,080 / 0.88 ratio
2 BR0.72
2 BR
0.72ratio
FMR$3,230
Market$4,490
vs market-$1,260
FMR is below market; voucher rent may lag private rents.
90% standard$2,907 / 0.65 ratio110% standard$3,553 / 0.79 ratio
3 BR0.76
3 BR
0.76ratio
FMR$4,190
Market$5,480
vs market-$1,290
FMR is below market; voucher rent may lag private rents.
90% standard$3,771 / 0.69 ratio110% standard$4,609 / 0.84 ratio
4 BR0.62
4 BR
0.62ratio
FMR$4,430
Market$7,160
vs market-$2,730
FMR is below market; voucher rent may lag private rents.
90% standard$3,987 / 0.56 ratio110% standard$4,873 / 0.68 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for all bedroom 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 11024 (NY) 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.
11024 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 11024 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $3,230 and the 4 bedroom fair market rent is $4,430.
Use this page for searches like 11024 FMR, 11024 fair market rent, and 11024 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 | $2,340 |
| 1 bedroom | $2,800 |
| 2 bedroom | $3,230 |
| 3 bedroom | $4,190 |
| 4 bedroom | $4,430 |