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
$123,833
Cost breakdown
+Likely effective rent$1,250
HUD FMR$1,490
Market rentUsed$1,250
Est. payment standard (90%)$1,340
Market rent is below the inferred standard ($1,340, 90% of FMR).
-Principal and interest-$626
Loan amount$99,066
Down payment$24,767
Rate6.50%
Term30 years
-Operating costs-$424
Property taxes-$124
Insurance-$175
Utilities$0
HOA$0
Management-$125
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$20,271(81.8% ROI)
Projected value
$133,355
Current value$123,833
Return breakdown
Property appreciation+$9,522
Loan principal paid down+$3,549
Rental cash flow+$7,200
5-year hold
+$34,602(139.7% ROI)
Projected value
$140,106
Current value$123,833
Return breakdown
Property appreciation+$16,273
Loan principal paid down+$6,329
Rental cash flow+$12,000
10-year hold
+$73,765(297.8% ROI)
Projected value
$158,517
Current value$123,833
Return breakdown
Property appreciation+$34,684
Loan principal paid down+$15,082
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.
Studio1.57
Studio
1.57ratio
FMR$1,290
Market$820
vs market+$470
FMR is above market; underwrite to market rent.
1 BR1.46
1 BR
1.46ratio
FMR$1,300
Market$890
vs market+$410
FMR is above market; underwrite to market rent.
90% standard$1,170 / 1.31 ratio110% standard$1,430 / 1.61 ratio
2 BR1.19
2 BR
1.19ratio
FMR$1,490
Market$1,250
vs market+$240
FMR is above market; underwrite to market rent.
90% standard$1,341 / 1.07 ratio110% standard$1,639 / 1.31 ratio
3 BR1.31
3 BR
1.31ratio
FMR$2,050
Market$1,560
vs market+$490
FMR is above market; underwrite to market rent.
90% standard$1,845 / 1.18 ratio110% standard$2,255 / 1.45 ratio
4 BR1.15
4 BR
1.15ratio
FMR$2,200
Market$1,910
vs market+$290
FMR is above market; underwrite to market rent.
90% standard$1,980 / 1.04 ratio110% standard$2,420 / 1.27 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed 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 24515 (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.
24515 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 24515 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,490 and the 4 bedroom fair market rent is $2,200.
Use this page for searches like 24515 FMR, 24515 fair market rent, and 24515 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 | $1,290 |
| 1 bedroom | $1,300 |
| 2 bedroom | $1,490 |
| 3 bedroom | $2,050 |
| 4 bedroom | $2,200 |