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
$184,759
Cost breakdown
+Likely effective rent$1,660
HUD FMR$1,550
Market rent$1,720
Est. payment standard (107%)Used$1,660
Estimated payment standard is $1,660 (107% of FMR).
-Principal and interest-$934
Loan amount$147,807
Down payment$36,952
Rate6.50%
Term30 years
-Operating costs-$526
Property taxes-$185
Insurance-$175
Utilities$0
HOA$0
Management-$166
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$26,702(72.3% ROI)
Projected value
$198,965
Current value$184,759
Return breakdown
Property appreciation+$14,206
Loan principal paid down+$5,296
Rental cash flow+$7,200
5-year hold
+$45,722(123.7% ROI)
Projected value
$209,038
Current value$184,759
Return breakdown
Property appreciation+$24,279
Loan principal paid down+$9,443
Rental cash flow+$12,000
10-year hold
+$98,250(265.9% ROI)
Projected value
$236,507
Current value$184,759
Return breakdown
Property appreciation+$51,748
Loan principal paid down+$22,502
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.
Studio0.94
Studio
0.94ratio
FMR$1,350
Market$1,430
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,215 / 0.85 ratio110% standard$1,485 / 1.04 ratio
1 BR0.93
1 BR
0.93ratio
FMR$1,370
Market$1,480
vs market-$110
FMR is near market; voucher and private rents are aligned.
90% standard$1,233 / 0.83 ratio110% standard$1,507 / 1.02 ratio
2 BR0.90
2 BR
0.90ratio
FMR$1,550
Market$1,720
vs market-$170
FMR is near market; voucher and private rents are aligned.
90% standard$1,395 / 0.81 ratio110% standard$1,705 / 0.99 ratio
3 BR1.02
3 BR
1.02ratio
FMR$2,150
Market$2,100
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,935 / 0.92 ratio110% standard$2,365 / 1.13 ratio
4 BR0.98
4 BR
0.98ratio
FMR$2,530
Market$2,570
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$2,277 / 0.89 ratio110% standard$2,783 / 1.08 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are well-aligned with market rents across all bedroom 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 23609 (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.
23609 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 23609 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,550 and the 4 bedroom fair market rent is $2,530.
Use this page for searches like 23609 FMR, 23609 fair market rent, and 23609 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 | $1,350 |
| 1 bedroom | $1,370 |
| 2 bedroom | $1,550 |
| 3 bedroom | $2,150 |
| 4 bedroom | $2,530 |