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
$88,169
Cost breakdown
+Likely effective rent$1,010
HUD FMR$980
Market rent$1,030
Est. payment standard (103%)Used$1,010
Estimated payment standard is $1,010 (103% of FMR).
-Principal and interest-$446
Loan amount$70,535
Down payment$17,634
Rate6.50%
Term30 years
-Operating costs-$364
Property taxes-$88
Insurance-$175
Utilities$0
HOA$0
Management-$101
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,506(93.6% ROI)
Projected value
$94,948
Current value$88,169
Return breakdown
Property appreciation+$6,779
Loan principal paid down+$2,527
Rental cash flow+$7,200
5-year hold
+$28,093(159.3% ROI)
Projected value
$99,755
Current value$88,169
Return breakdown
Property appreciation+$11,586
Loan principal paid down+$4,507
Rental cash flow+$12,000
10-year hold
+$59,433(337.0% ROI)
Projected value
$112,864
Current value$88,169
Return breakdown
Property appreciation+$24,695
Loan principal paid down+$10,738
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.
Studio0.81
Studio
0.81ratio
FMR$680
Market$840
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$612 / 0.73 ratio110% standard$748 / 0.89 ratio
1 BR0.91
1 BR
0.91ratio
FMR$790
Market$870
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$711 / 0.82 ratio110% standard$869 / 1.00 ratio
2 BR0.95
2 BR
0.95ratio
FMR$980
Market$1,030
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$882 / 0.86 ratio110% standard$1,078 / 1.05 ratio
3 BR0.88
3 BR
0.88ratio
FMR$1,350
Market$1,540
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,215 / 0.79 ratio110% standard$1,485 / 0.96 ratio
4 BR0.97
4 BR
0.97ratio
FMR$1,520
Market$1,560
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,368 / 0.88 ratio110% standard$1,672 / 1.07 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 24541 (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.
24541 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 24541 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $980 and the 4 bedroom fair market rent is $1,520.
Use this page for searches like 24541 FMR, 24541 fair market rent, and 24541 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 | $680 |
| 1 bedroom | $790 |
| 2 bedroom | $980 |
| 3 bedroom | $1,350 |
| 4 bedroom | $1,520 |