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
$212,993
Cost breakdown
+Likely effective rent$1,850
HUD FMR$1,920
Market rentUsed$1,850
Est. payment standard (98%)$1,870
Market rent is below the inferred standard ($1,870, 98% of FMR).
-Principal and interest-$1,077
Loan amount$170,394
Down payment$42,599
Rate6.50%
Term30 years
-Operating costs-$573
Property taxes-$213
Insurance-$175
Utilities$0
HOA$0
Management-$185
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$29,682(69.7% ROI)
Projected value
$229,370
Current value$212,993
Return breakdown
Property appreciation+$16,377
Loan principal paid down+$6,105
Rental cash flow+$7,200
5-year hold
+$50,876(119.4% ROI)
Projected value
$240,982
Current value$212,993
Return breakdown
Property appreciation+$27,989
Loan principal paid down+$10,887
Rental cash flow+$12,000
10-year hold
+$109,597(257.3% ROI)
Projected value
$272,649
Current value$212,993
Return breakdown
Property appreciation+$59,656
Loan principal paid down+$25,941
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.
Studio1.09
Studio
1.09ratio
FMR$1,670
Market$1,530
vs market+$140
FMR is near market; voucher and private rents are aligned.
90% standard$1,503 / 0.98 ratio110% standard$1,837 / 1.20 ratio
1 BR1.12
1 BR
1.12ratio
FMR$1,750
Market$1,560
vs market+$190
FMR is above market; underwrite to market rent.
90% standard$1,575 / 1.01 ratio110% standard$1,925 / 1.23 ratio
2 BR1.04
2 BR
1.04ratio
FMR$1,920
Market$1,850
vs market+$70
FMR is near market; voucher and private rents are aligned.
90% standard$1,728 / 0.93 ratio110% standard$2,112 / 1.14 ratio
3 BR1.10
3 BR
1.10ratio
FMR$2,400
Market$2,180
vs market+$220
FMR is above market; underwrite to market rent.
90% standard$2,160 / 0.99 ratio110% standard$2,640 / 1.21 ratio
4 BR1.10
4 BR
1.10ratio
FMR$2,960
Market$2,680
vs market+$280
FMR is above market; underwrite to market rent.
90% standard$2,664 / 0.99 ratio110% standard$3,256 / 1.21 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 23238 (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.
23238 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 23238 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,920 and the 4 bedroom fair market rent is $2,960.
Use this page for searches like 23238 FMR, 23238 fair market rent, and 23238 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 | $1,670 |
| 1 bedroom | $1,750 |
| 2 bedroom | $1,920 |
| 3 bedroom | $2,400 |
| 4 bedroom | $2,960 |