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
$223,395
Cost breakdown
+Likely effective rent$1,920
HUD FMR$1,880
Market rent$1,940
Est. payment standard (102%)Used$1,920
Estimated payment standard is $1,920 (102% of FMR).
-Principal and interest-$1,130
Loan amount$178,716
Down payment$44,679
Rate6.50%
Term30 years
-Operating costs-$590
Property taxes-$223
Insurance-$175
Utilities$0
HOA$0
Management-$192
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$30,780(68.9% ROI)
Projected value
$240,572
Current value$223,395
Return breakdown
Property appreciation+$17,177
Loan principal paid down+$6,403
Rental cash flow+$7,200
5-year hold
+$52,774(118.1% ROI)
Projected value
$252,751
Current value$223,395
Return breakdown
Property appreciation+$29,356
Loan principal paid down+$11,418
Rental cash flow+$12,000
10-year hold
+$113,777(254.7% ROI)
Projected value
$285,964
Current value$223,395
Return breakdown
Property appreciation+$62,569
Loan principal paid down+$27,207
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.
Studio0.79
Studio
0.79ratio
FMR$1,500
Market$1,890
vs market-$390
FMR is below market; voucher rent may lag private rents.
90% standard$1,350 / 0.71 ratio110% standard$1,650 / 0.87 ratio
1 BR0.83
1 BR
0.83ratio
FMR$1,580
Market$1,910
vs market-$330
FMR is below market; voucher rent may lag private rents.
90% standard$1,422 / 0.74 ratio110% standard$1,738 / 0.91 ratio
2 BR0.97
2 BR
0.97ratio
FMR$1,880
Market$1,940
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,692 / 0.87 ratio110% standard$2,068 / 1.07 ratio
3 BR1.22
3 BR
1.22ratio
FMR$2,610
Market$2,140
vs market+$470
FMR is above market; underwrite to market rent.
90% standard$2,349 / 1.10 ratio110% standard$2,871 / 1.34 ratio
4 BR1.34
4 BR
1.34ratio
FMR$3,150
Market$2,350
vs market+$800
FMR is above market; underwrite to market rent.
90% standard$2,835 / 1.21 ratio110% standard$3,465 / 1.47 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 24083 (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.
24083 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 24083 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,880 and the 4 bedroom fair market rent is $3,150.
Use this page for searches like 24083 FMR, 24083 fair market rent, and 24083 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 | $1,500 |
| 1 bedroom | $1,580 |
| 2 bedroom | $1,880 |
| 3 bedroom | $2,610 |
| 4 bedroom | $3,150 |