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
$192,189
Cost breakdown
+Likely effective rent$1,710
HUD FMR$1,580
Market rent$1,780
Est. payment standard (108%)Used$1,710
Estimated payment standard is $1,710 (108% of FMR).
-Principal and interest-$972
Loan amount$153,751
Down payment$38,438
Rate6.50%
Term30 years
-Operating costs-$538
Property taxes-$192
Insurance-$175
Utilities$0
HOA$0
Management-$171
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,486(71.5% ROI)
Projected value
$206,966
Current value$192,189
Return breakdown
Property appreciation+$14,778
Loan principal paid down+$5,509
Rental cash flow+$7,200
5-year hold
+$47,078(122.5% ROI)
Projected value
$217,444
Current value$192,189
Return breakdown
Property appreciation+$25,255
Loan principal paid down+$9,823
Rental cash flow+$12,000
10-year hold
+$101,236(263.4% ROI)
Projected value
$246,018
Current value$192,189
Return breakdown
Property appreciation+$53,829
Loan principal paid down+$23,407
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.
Studio1.19
Studio
1.19ratio
FMR$1,380
Market$1,160
vs market+$220
FMR is above market; underwrite to market rent.
90% standard$1,242 / 1.07 ratio110% standard$1,518 / 1.31 ratio
1 BR1.18
1 BR
1.18ratio
FMR$1,390
Market$1,180
vs market+$210
FMR is above market; underwrite to market rent.
90% standard$1,251 / 1.06 ratio110% standard$1,529 / 1.30 ratio
2 BR0.89
2 BR
0.89ratio
FMR$1,580
Market$1,780
vs market-$200
FMR is below market; voucher rent may lag private rents.
90% standard$1,422 / 0.80 ratio110% standard$1,738 / 0.98 ratio
3 BR1.07
3 BR
1.07ratio
FMR$2,190
Market$2,050
vs market+$140
FMR is near market; voucher and private rents are aligned.
90% standard$1,971 / 0.96 ratio110% standard$2,409 / 1.18 ratio
4 BR1.06
4 BR
1.06ratio
FMR$2,580
Market$2,430
vs market+$150
FMR is near market; voucher and private rents are aligned.
90% standard$2,322 / 0.96 ratio110% standard$2,838 / 1.17 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 23502 (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.
23502 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 23502 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,580 and the 4 bedroom fair market rent is $2,580.
Use this page for searches like 23502 FMR, 23502 fair market rent, and 23502 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 | $1,380 |
| 1 bedroom | $1,390 |
| 2 bedroom | $1,580 |
| 3 bedroom | $2,190 |
| 4 bedroom | $2,580 |