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
$204,077
Cost breakdown
+Likely effective rent$1,790
HUD FMR$1,630
Market rent$1,940
Est. payment standard (110%)Used$1,790
Estimated payment standard is $1,790 (110% of FMR).
-Principal and interest-$1,032
Loan amount$163,261
Down payment$40,815
Rate6.50%
Term30 years
-Operating costs-$558
Property taxes-$204
Insurance-$175
Utilities$0
HOA$0
Management-$179
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,741(70.4% ROI)
Projected value
$219,768
Current value$204,077
Return breakdown
Property appreciation+$15,692
Loan principal paid down+$5,849
Rental cash flow+$7,200
5-year hold
+$49,248(120.7% ROI)
Projected value
$230,894
Current value$204,077
Return breakdown
Property appreciation+$26,817
Loan principal paid down+$10,431
Rental cash flow+$12,000
10-year hold
+$106,013(259.7% ROI)
Projected value
$261,236
Current value$204,077
Return breakdown
Property appreciation+$57,159
Loan principal paid down+$24,855
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.
Studio0.74
Studio
0.74ratio
FMR$1,420
Market$1,910
vs market-$490
FMR is below market; voucher rent may lag private rents.
90% standard$1,278 / 0.67 ratio110% standard$1,562 / 0.82 ratio
1 BR0.78
1 BR
0.78ratio
FMR$1,480
Market$1,900
vs market-$420
FMR is below market; voucher rent may lag private rents.
90% standard$1,332 / 0.70 ratio110% standard$1,628 / 0.86 ratio
2 BR0.84
2 BR
0.84ratio
FMR$1,630
Market$1,940
vs market-$310
FMR is below market; voucher rent may lag private rents.
90% standard$1,467 / 0.76 ratio110% standard$1,793 / 0.92 ratio
3 BR0.88
3 BR
0.88ratio
FMR$2,040
Market$2,320
vs market-$280
FMR is below market; voucher rent may lag private rents.
90% standard$1,836 / 0.79 ratio110% standard$2,244 / 0.97 ratio
4 BR0.97
4 BR
0.97ratio
FMR$2,510
Market$2,590
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$2,259 / 0.87 ratio110% standard$2,761 / 1.07 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 23229 (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.
23229 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 23229 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,630 and the 4 bedroom fair market rent is $2,510.
Use this page for searches like 23229 FMR, 23229 fair market rent, and 23229 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 | $1,420 |
| 1 bedroom | $1,480 |
| 2 bedroom | $1,630 |
| 3 bedroom | $2,040 |
| 4 bedroom | $2,510 |