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
$189,217
Cost breakdown
+Likely effective rent$1,690
HUD FMR$1,700
Market rentUsed$1,690
Est. payment standard (100%)$1,690
Market rent is below the inferred standard ($1,690, 100% of FMR).
-Principal and interest-$957
Loan amount$151,373
Down payment$37,843
Rate6.50%
Term30 years
-Operating costs-$533
Property taxes-$189
Insurance-$175
Utilities$0
HOA$0
Management-$169
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,172(71.8% ROI)
Projected value
$203,766
Current value$189,217
Return breakdown
Property appreciation+$14,549
Loan principal paid down+$5,423
Rental cash flow+$7,200
5-year hold
+$46,536(123.0% ROI)
Projected value
$214,081
Current value$189,217
Return breakdown
Property appreciation+$24,865
Loan principal paid down+$9,671
Rental cash flow+$12,000
10-year hold
+$100,042(264.4% ROI)
Projected value
$242,214
Current value$189,217
Return breakdown
Property appreciation+$52,997
Loan principal paid down+$23,045
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.
Studio1.07
Studio
1.07ratio
FMR$1,480
Market$1,380
vs market+$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,332 / 0.97 ratio110% standard$1,628 / 1.18 ratio
1 BR1.01
1 BR
1.01ratio
FMR$1,500
Market$1,490
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$1,350 / 0.91 ratio110% standard$1,650 / 1.11 ratio
2 BR1.01
2 BR
1.01ratio
FMR$1,700
Market$1,690
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$1,530 / 0.91 ratio110% standard$1,870 / 1.11 ratio
3 BR1.14
3 BR
1.14ratio
FMR$2,360
Market$2,070
vs market+$290
FMR is above market; underwrite to market rent.
90% standard$2,124 / 1.03 ratio110% standard$2,596 / 1.25 ratio
4 BR1.12
4 BR
1.12ratio
FMR$2,780
Market$2,480
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$2,502 / 1.01 ratio110% standard$3,058 / 1.23 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 23603 (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.
23603 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 23603 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,700 and the 4 bedroom fair market rent is $2,780.
Use this page for searches like 23603 FMR, 23603 fair market rent, and 23603 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 | $1,480 |
| 1 bedroom | $1,500 |
| 2 bedroom | $1,700 |
| 3 bedroom | $2,360 |
| 4 bedroom | $2,780 |