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
$193,675
Cost breakdown
+Likely effective rent$1,720
HUD FMR$1,713
Market rent$1,720
Est. payment standard (100%)Used$1,720
Estimated payment standard is $1,720 (100% of FMR).
-Principal and interest-$979
Loan amount$154,940
Down payment$38,735
Rate6.50%
Term30 years
-Operating costs-$541
Property taxes-$194
Insurance-$175
Utilities$0
HOA$0
Management-$172
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,643(71.4% ROI)
Projected value
$208,567
Current value$193,675
Return breakdown
Property appreciation+$14,892
Loan principal paid down+$5,551
Rental cash flow+$7,200
5-year hold
+$47,350(122.2% ROI)
Projected value
$219,125
Current value$193,675
Return breakdown
Property appreciation+$25,450
Loan principal paid down+$9,899
Rental cash flow+$12,000
10-year hold
+$101,833(262.9% ROI)
Projected value
$247,920
Current value$193,675
Return breakdown
Property appreciation+$54,245
Loan principal paid down+$23,588
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.
Studio1.04
Studio
1.04ratio
FMR$1,492
Market$1,430
vs market+$62
FMR is near market; voucher and private rents are aligned.
90% standard$1,343 / 0.94 ratio110% standard$1,641 / 1.15 ratio
1 BR1.02
1 BR
1.02ratio
FMR$1,512
Market$1,480
vs market+$32
FMR is near market; voucher and private rents are aligned.
90% standard$1,361 / 0.92 ratio110% standard$1,663 / 1.12 ratio
2 BR1.00
2 BR
1.00ratio
FMR$1,713
Market$1,720
vs market-$7
FMR is near market; voucher and private rents are aligned.
90% standard$1,542 / 0.90 ratio110% standard$1,884 / 1.10 ratio
3 BR1.13
3 BR
1.13ratio
FMR$2,376
Market$2,100
vs market+$276
FMR is above market; underwrite to market rent.
90% standard$2,138 / 1.02 ratio110% standard$2,614 / 1.24 ratio
4 BR1.09
4 BR
1.09ratio
FMR$2,797
Market$2,570
vs market+$227
FMR is near market; voucher and private rents are aligned.
90% standard$2,517 / 0.98 ratio110% standard$3,077 / 1.20 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 23628 (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 FMR 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.
23628 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 23628 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,713 and the 4 bedroom fair market rent is $2,797.
Use this page for searches like 23628 FMR, 23628 fair market rent, and 23628 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 | $1,492 |
| 1 bedroom | $1,512 |
| 2 bedroom | $1,713 |
| 3 bedroom | $2,376 |
| 4 bedroom | $2,797 |