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
$223,395
Cost breakdown
+Likely effective rent$1,920
HUD FMR$2,010
Market rentUsed$1,920
Est. payment standard (97%)$1,950
Market rent is below the inferred standard ($1,950, 97% of FMR).
-Principal and interest-$1,130
Loan amount$178,716
Down payment$44,679
Rate6.50%
Term30 years
-Operating costs-$590
Property taxes-$223
Insurance-$175
Utilities$0
HOA$0
Management-$192
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$30,780(68.9% ROI)
Projected value
$240,572
Current value$223,395
Return breakdown
Property appreciation+$17,177
Loan principal paid down+$6,403
Rental cash flow+$7,200
5-year hold
+$52,774(118.1% ROI)
Projected value
$252,751
Current value$223,395
Return breakdown
Property appreciation+$29,356
Loan principal paid down+$11,418
Rental cash flow+$12,000
10-year hold
+$113,777(254.7% ROI)
Projected value
$285,964
Current value$223,395
Return breakdown
Property appreciation+$62,569
Loan principal paid down+$27,207
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.
Studio1.22
Studio
1.22ratio
FMR$1,750
Market$1,430
vs market+$320
FMR is above market; underwrite to market rent.
90% standard$1,575 / 1.10 ratio110% standard$1,925 / 1.35 ratio
1 BR1.27
1 BR
1.27ratio
FMR$1,830
Market$1,440
vs market+$390
FMR is above market; underwrite to market rent.
90% standard$1,647 / 1.14 ratio110% standard$2,013 / 1.40 ratio
2 BR1.05
2 BR
1.05ratio
FMR$2,010
Market$1,920
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,809 / 0.94 ratio110% standard$2,211 / 1.15 ratio
3 BR1.08
3 BR
1.08ratio
FMR$2,520
Market$2,330
vs market+$190
FMR is near market; voucher and private rents are aligned.
90% standard$2,268 / 0.97 ratio110% standard$2,772 / 1.19 ratio
4 BR1.17
4 BR
1.17ratio
FMR$3,100
Market$2,660
vs market+$440
FMR is above market; underwrite to market rent.
90% standard$2,790 / 1.05 ratio110% standard$3,410 / 1.28 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 23284 (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.
23284 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 23284 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,010 and the 4 bedroom fair market rent is $3,100.
Use this page for searches like 23284 FMR, 23284 fair market rent, and 23284 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 | $1,750 |
| 1 bedroom | $1,830 |
| 2 bedroom | $2,010 |
| 3 bedroom | $2,520 |
| 4 bedroom | $3,100 |