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
$58,449
Cost breakdown
+Likely effective rent$810
HUD FMR$1,020
Market rentUsed$810
Est. payment standard (90%)$920
Market rent is below the inferred standard ($920, 90% of FMR).
-Principal and interest-$296
Loan amount$46,759
Down payment$11,690
Rate6.50%
Term30 years
-Operating costs-$314
Property taxes-$58
Insurance-$175
Utilities$0
HOA$0
Management-$81
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$13,369(114.4% ROI)
Projected value
$62,943
Current value$58,449
Return breakdown
Property appreciation+$4,494
Loan principal paid down+$1,675
Rental cash flow+$7,200
5-year hold
+$22,668(193.9% ROI)
Projected value
$66,130
Current value$58,449
Return breakdown
Property appreciation+$7,681
Loan principal paid down+$2,987
Rental cash flow+$12,000
10-year hold
+$47,489(406.2% ROI)
Projected value
$74,820
Current value$58,449
Return breakdown
Property appreciation+$16,371
Loan principal paid down+$7,119
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.
Studio1.13
Studio
1.13ratio
FMR$810
Market$720
vs market+$90
FMR is above market; underwrite to market rent.
90% standard$729 / 1.01 ratio110% standard$891 / 1.24 ratio
1 BR1.11
1 BR
1.11ratio
FMR$820
Market$740
vs market+$80
FMR is above market; underwrite to market rent.
90% standard$738 / 1.00 ratio110% standard$902 / 1.22 ratio
2 BR1.26
2 BR
1.26ratio
FMR$1,020
Market$810
vs market+$210
FMR is above market; underwrite to market rent.
90% standard$918 / 1.13 ratio110% standard$1,122 / 1.39 ratio
3 BR1.20
3 BR
1.20ratio
FMR$1,220
Market$1,020
vs market+$200
FMR is above market; underwrite to market rent.
90% standard$1,098 / 1.08 ratio110% standard$1,342 / 1.32 ratio
4 BR1.27
4 BR
1.27ratio
FMR$1,400
Market$1,100
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$1,260 / 1.15 ratio110% standard$1,540 / 1.40 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 24605 (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.
24605 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 24605 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,020 and the 4 bedroom fair market rent is $1,400.
Use this page for searches like 24605 FMR, 24605 fair market rent, and 24605 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 | $810 |
| 1 bedroom | $820 |
| 2 bedroom | $1,020 |
| 3 bedroom | $1,220 |
| 4 bedroom | $1,400 |