04350
ZIPFMR
Kennebec County, ME
BRFMR
Eff. Rent
0 BR$1,082$1,082
1 BR$1,090$1,090
2 BR$1,416$1,416
3 BR$1,819$1,819
4 BR$2,158$2,158
5 BR$2,482
6 BR$2,854
7 BR$3,282
8 BR$3,774

Purchase Price Calculator

Maximum purchase price
$148,501

Cost breakdown

+Likely effective rent$1,416
HUD FMRUsed$1,416
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$751
Loan amount$118,800
Down payment$29,700
Rate6.50%
Term30 years
-Operating costs-$465
Property taxes-$149
Insurance-$175
Utilities$0
HOA$0
Management-$142
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$22,875(77.0% ROI)
Projected value
$159,919
Current value$148,501
Return breakdown
Property appreciation+$11,418
Loan principal paid down+$4,256
Rental cash flow+$7,200
5-year hold
+$39,104(131.7% ROI)
Projected value
$168,015
Current value$148,501
Return breakdown
Property appreciation+$19,514
Loan principal paid down+$7,590
Rental cash flow+$12,000
10-year hold
+$83,679(281.7% ROI)
Projected value
$190,093
Current value$148,501
Return breakdown
Property appreciation+$41,593
Loan principal paid down+$18,086
Rental cash flow+$24,000

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 04350 (ME) 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.

04350 fair market rent and Section 8 rent limits

The FY 2026 HUD Fair Market Rent (FMR) page for 04350 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,416 and the 4 bedroom fair market rent is $2,158.

Use this page for searches like 04350 FMR, 04350 fair market rent, and 04350 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.

FY 2026 Fair Market Rent by bedroom size for 04350
Bedroom sizeHUD FMR
Studio$1,082
1 bedroom$1,090
2 bedroom$1,416
3 bedroom$1,819
4 bedroom$2,158