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
$232,311
Cost breakdown
+Likely effective rent$1,980
HUD FMR$2,150
Market rentUsed$1,980
Est. payment standard (95%)$2,040
Market rent is below the inferred standard ($2,040, 95% of FMR).
-Principal and interest-$1,175
Loan amount$185,849
Down payment$46,462
Rate6.50%
Term30 years
-Operating costs-$605
Property taxes-$232
Insurance-$175
Utilities$0
HOA$0
Management-$198
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$31,721(68.3% ROI)
Projected value
$250,173
Current value$232,311
Return breakdown
Property appreciation+$17,863
Loan principal paid down+$6,659
Rental cash flow+$7,200
5-year hold
+$54,401(117.1% ROI)
Projected value
$262,838
Current value$232,311
Return breakdown
Property appreciation+$30,528
Loan principal paid down+$11,874
Rental cash flow+$12,000
10-year hold
+$117,360(252.6% ROI)
Projected value
$297,377
Current value$232,311
Return breakdown
Property appreciation+$65,067
Loan principal paid down+$28,293
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.
Studio1.02
Studio
1.02ratio
FMR$1,580
Market$1,550
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$1,422 / 0.92 ratio110% standard$1,738 / 1.12 ratio
1 BR1.10
1 BR
1.10ratio
FMR$1,750
Market$1,590
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,575 / 0.99 ratio110% standard$1,925 / 1.21 ratio
2 BR1.09
2 BR
1.09ratio
FMR$2,150
Market$1,980
vs market+$170
FMR is near market; voucher and private rents are aligned.
90% standard$1,935 / 0.98 ratio110% standard$2,365 / 1.19 ratio
3 BR1.07
3 BR
1.07ratio
FMR$2,730
Market$2,540
vs market+$190
FMR is near market; voucher and private rents are aligned.
90% standard$2,457 / 0.97 ratio110% standard$3,003 / 1.18 ratio
4 BR0.95
4 BR
0.95ratio
FMR$3,020
Market$3,190
vs market-$170
FMR is near market; voucher and private rents are aligned.
90% standard$2,718 / 0.85 ratio110% standard$3,322 / 1.04 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 21224 (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.
21224 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 21224 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,150 and the 4 bedroom fair market rent is $3,020.
Use this page for searches like 21224 FMR, 21224 fair market rent, and 21224 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 | $1,580 |
| 1 bedroom | $1,750 |
| 2 bedroom | $2,150 |
| 3 bedroom | $2,730 |
| 4 bedroom | $3,020 |