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
$149,095
Cost breakdown
+Likely effective rent$1,420
HUD FMR$1,290
Market rent$1,520
Est. payment standard (110%)Used$1,420
Estimated payment standard is $1,420 (110% of FMR).
-Principal and interest-$754
Loan amount$119,276
Down payment$29,819
Rate6.50%
Term30 years
-Operating costs-$466
Property taxes-$149
Insurance-$175
Utilities$0
HOA$0
Management-$142
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$22,937(76.9% ROI)
Projected value
$160,559
Current value$149,095
Return breakdown
Property appreciation+$11,464
Loan principal paid down+$4,273
Rental cash flow+$7,200
5-year hold
+$39,213(131.5% ROI)
Projected value
$168,687
Current value$149,095
Return breakdown
Property appreciation+$19,592
Loan principal paid down+$7,621
Rental cash flow+$12,000
10-year hold
+$83,918(281.4% ROI)
Projected value
$190,854
Current value$149,095
Return breakdown
Property appreciation+$41,759
Loan principal paid down+$18,158
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.
Studio0.84
Studio
0.84ratio
FMR$920
Market$1,100
vs market-$180
FMR is below market; voucher rent may lag private rents.
90% standard$828 / 0.75 ratio110% standard$1,012 / 0.92 ratio
1 BR0.82
1 BR
0.82ratio
FMR$1,010
Market$1,230
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$909 / 0.74 ratio110% standard$1,111 / 0.90 ratio
2 BR0.85
2 BR
0.85ratio
FMR$1,290
Market$1,520
vs market-$230
FMR is below market; voucher rent may lag private rents.
90% standard$1,161 / 0.76 ratio110% standard$1,419 / 0.93 ratio
3 BR0.98
3 BR
0.98ratio
FMR$1,730
Market$1,770
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,557 / 0.88 ratio110% standard$1,903 / 1.08 ratio
4 BR0.98
4 BR
0.98ratio
FMR$2,160
Market$2,200
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,944 / 0.88 ratio110% standard$2,376 / 1.08 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 24062 (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.
24062 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 24062 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,290 and the 4 bedroom fair market rent is $2,160.
Use this page for searches like 24062 FMR, 24062 fair market rent, and 24062 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 | $920 |
| 1 bedroom | $1,010 |
| 2 bedroom | $1,290 |
| 3 bedroom | $1,730 |
| 4 bedroom | $2,160 |