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
$284,321
Cost breakdown
+Likely effective rent$2,330
HUD FMR$2,280
Market rent$2,350
Est. payment standard (102%)Used$2,330
Estimated payment standard is $2,330 (102% of FMR).
-Principal and interest-$1,438
Loan amount$227,456
Down payment$56,864
Rate6.50%
Term30 years
-Operating costs-$692
Property taxes-$284
Insurance-$175
Utilities$0
HOA$0
Management-$233
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$37,211(65.4% ROI)
Projected value
$306,182
Current value$284,321
Return breakdown
Property appreciation+$21,862
Loan principal paid down+$8,149
Rental cash flow+$7,200
5-year hold
+$63,894(112.4% ROI)
Projected value
$321,683
Current value$284,321
Return breakdown
Property appreciation+$37,362
Loan principal paid down+$14,532
Rental cash flow+$12,000
10-year hold
+$138,261(243.1% ROI)
Projected value
$363,954
Current value$284,321
Return breakdown
Property appreciation+$79,634
Loan principal paid down+$34,628
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.
Studio1.29
Studio
1.29ratio
FMR$1,980
Market$1,530
vs market+$450
FMR is above market; underwrite to market rent.
90% standard$1,782 / 1.16 ratio110% standard$2,178 / 1.42 ratio
1 BR1.15
1 BR
1.15ratio
FMR$2,050
Market$1,790
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$1,845 / 1.03 ratio110% standard$2,255 / 1.26 ratio
2 BR0.97
2 BR
0.97ratio
FMR$2,280
Market$2,350
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$2,052 / 0.87 ratio110% standard$2,508 / 1.07 ratio
3 BR1.10
3 BR
1.10ratio
FMR$2,880
Market$2,630
vs market+$250
FMR is near market; voucher and private rents are aligned.
90% standard$2,592 / 0.99 ratio110% standard$3,168 / 1.20 ratio
4 BR1.09
4 BR
1.09ratio
FMR$3,380
Market$3,110
vs market+$270
FMR is near market; voucher and private rents are aligned.
90% standard$3,042 / 0.98 ratio110% standard$3,718 / 1.20 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 20883 (MD) 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.
20883 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 20883 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,280 and the 4 bedroom fair market rent is $3,380.
Use this page for searches like 20883 FMR, 20883 fair market rent, and 20883 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 | $1,980 |
| 1 bedroom | $2,050 |
| 2 bedroom | $2,280 |
| 3 bedroom | $2,880 |
| 4 bedroom | $3,380 |