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
$183,273
Cost breakdown
+Likely effective rent$1,650
HUD FMR$1,810
Market rentUsed$1,650
Est. payment standard (94%)$1,710
Market rent is below the inferred standard ($1,710, 94% of FMR).
-Principal and interest-$927
Loan amount$146,618
Down payment$36,655
Rate6.50%
Term30 years
-Operating costs-$523
Property taxes-$183
Insurance-$175
Utilities$0
HOA$0
Management-$165
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$26,545(72.4% ROI)
Projected value
$197,365
Current value$183,273
Return breakdown
Property appreciation+$14,092
Loan principal paid down+$5,253
Rental cash flow+$7,200
5-year hold
+$45,451(124.0% ROI)
Projected value
$207,356
Current value$183,273
Return breakdown
Property appreciation+$24,084
Loan principal paid down+$9,367
Rental cash flow+$12,000
10-year hold
+$97,653(266.4% ROI)
Projected value
$234,605
Current value$183,273
Return breakdown
Property appreciation+$51,332
Loan principal paid down+$22,321
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.
Studio1.06
Studio- 08069
1.06ratio
FMR$1,397
Market$1,320
vs market+$77
FMR is near market; voucher and private rents are aligned.
90% standard$1,257 / 0.95 ratio110% standard$1,537 / 1.16 ratio
1 BR1.07
1 BR- 08069
1.07ratio
FMR$1,520
Market$1,420
vs market+$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,368 / 0.96 ratio110% standard$1,672 / 1.18 ratio
2 BR1.10
2 BR- 08069
1.10ratio
FMR$1,810
Market$1,650
vs market+$160
FMR is near market; voucher and private rents are aligned.
90% standard$1,629 / 0.99 ratio110% standard$1,991 / 1.21 ratio
3 BR1.08
3 BR- 08069
1.08ratio
FMR$2,170
Market$2,000
vs market+$170
FMR is near market; voucher and private rents are aligned.
90% standard$1,953 / 0.98 ratio110% standard$2,387 / 1.19 ratio
4 BR1.00
4 BR- 08069
1.00ratio
FMR$2,423
Market$2,420
vs market+$3
FMR is near market; voucher and private rents are aligned.
90% standard$2,181 / 0.90 ratio110% standard$2,665 / 1.10 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are well-aligned with 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 PENNS GROVE, NJ (NJ) 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 FMR 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.
Related ZIPs
PENNS GROVE, NJ fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for PENNS GROVE, NJ shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,810 and the 4 bedroom fair market rent is $2,423.
Use this page for searches like PENNS GROVE, NJ FMR, PENNS GROVE, NJ fair market rent, and PENNS GROVE, NJ 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 | $1,397 |
| 1 bedroom | $1,520 |
| 2 bedroom | $1,810 |
| 3 bedroom | $2,170 |
| 4 bedroom | $2,423 |