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
$226,367
Cost breakdown
+Likely effective rent$1,940
HUD FMR$1,800
Market rent$2,020
Est. payment standard (108%)Used$1,940
Estimated payment standard is $1,940 (108% of FMR).
-Principal and interest-$1,145
Loan amount$181,093
Down payment$45,273
Rate6.50%
Term30 years
-Operating costs-$595
Property taxes-$226
Insurance-$175
Utilities$0
HOA$0
Management-$194
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$31,094(68.7% ROI)
Projected value
$243,772
Current value$226,367
Return breakdown
Property appreciation+$17,405
Loan principal paid down+$6,488
Rental cash flow+$7,200
5-year hold
+$53,317(117.8% ROI)
Projected value
$256,113
Current value$226,367
Return breakdown
Property appreciation+$29,746
Loan principal paid down+$11,570
Rental cash flow+$12,000
10-year hold
+$114,971(253.9% ROI)
Projected value
$289,769
Current value$226,367
Return breakdown
Property appreciation+$63,402
Loan principal paid down+$27,569
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.
Studio0.79
Studio
0.79ratio
FMR$1,570
Market$1,990
vs market-$420
FMR is below market; voucher rent may lag private rents.
90% standard$1,413 / 0.71 ratio110% standard$1,727 / 0.87 ratio
1 BR0.81
1 BR
0.81ratio
FMR$1,640
Market$2,020
vs market-$380
FMR is below market; voucher rent may lag private rents.
90% standard$1,476 / 0.73 ratio110% standard$1,804 / 0.89 ratio
2 BR0.89
2 BR
0.89ratio
FMR$1,800
Market$2,020
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$1,620 / 0.80 ratio110% standard$1,980 / 0.98 ratio
3 BR1.07
3 BR
1.07ratio
FMR$2,250
Market$2,110
vs market+$140
FMR is near market; voucher and private rents are aligned.
90% standard$2,025 / 0.96 ratio110% standard$2,475 / 1.17 ratio
4 BR1.11
4 BR
1.11ratio
FMR$2,780
Market$2,500
vs market+$280
FMR is above market; underwrite to market rent.
90% standard$2,502 / 1.00 ratio110% standard$3,058 / 1.22 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 23111 (VA) 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.
23111 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 23111 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,800 and the 4 bedroom fair market rent is $2,780.
Use this page for searches like 23111 FMR, 23111 fair market rent, and 23111 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 | $1,570 |
| 1 bedroom | $1,640 |
| 2 bedroom | $1,800 |
| 3 bedroom | $2,250 |
| 4 bedroom | $2,780 |