Section 8 Housing Rents- Virginia

[Howard Spector]

Hello,

I currently own 0 properties but after listening to many episodes on the podcast, I am now looking into buying my first property that I plan on renting out. I currently am looking at a 5BR house in the Northern VA area as my first purchase. I have been trying to confirm what the rent for that would be if I were to try and rent that out to a section 8 family.

The first link I found (https://www.vhda.com/BusinessP...) shows that I should expect $3,468 each month. I am not sure if the link will work but it is from VDHA.COM and is titled "Housing Choice Payment Standards". This would cover my expenses and allow a family to live in a nice neighborhood in a nice house. 

The second link i found HUDSUR.GOV made it appear that in my area code, the house would max out rent around $1,400/month. If that was the case, there is no way I could financially afford to go the section 8 housing route. 

Any feedback from anyone who can verify section 8 housing rents in Virginia or, has had experience with section 8 housing would really be appreciated. 

Thank you!

Housing Choice Voucher Payment Standards (PS) for Virginia Housing's Area of Operation Housing Choice Voucher Payment Standards (PS) for Virginia Housing's Area of Operation Housing Choice Voucher Payment Standards (PS) for Virginia Housing's Area of Operation Housing Choice Voucher Payment Standards (PS) for Virginia Housing's Area of Operation