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
$259,059
Cost breakdown
+Likely effective rent$2,160
HUD FMR$2,205
Market rentUsed$2,160
Est. payment standard (99%)$2,180
Market rent is below the inferred standard ($2,180, 99% of FMR).
-Principal and interest-$1,310
Loan amount$207,247
Down payment$51,812
Rate6.50%
Term30 years
-Operating costs-$650
Property taxes-$259
Insurance-$175
Utilities$0
HOA$0
Management-$216
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,544(66.7% ROI)
Projected value
$278,978
Current value$259,059
Return breakdown
Property appreciation+$19,919
Loan principal paid down+$7,425
Rental cash flow+$7,200
5-year hold
+$59,283(114.4% ROI)
Projected value
$293,101
Current value$259,059
Return breakdown
Property appreciation+$34,042
Loan principal paid down+$13,241
Rental cash flow+$12,000
10-year hold
+$128,109(247.3% ROI)
Projected value
$331,617
Current value$259,059
Return breakdown
Property appreciation+$72,558
Loan principal paid down+$31,551
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.
Studio1.10
Studio
1.10ratio
FMR$1,612
Market$1,470
vs market+$142
FMR is near market; voucher and private rents are aligned.
90% standard$1,451 / 0.99 ratio110% standard$1,773 / 1.21 ratio
1 BR0.98
1 BR
0.98ratio
FMR$1,822
Market$1,850
vs market-$28
FMR is near market; voucher and private rents are aligned.
90% standard$1,640 / 0.89 ratio110% standard$2,004 / 1.08 ratio
2 BR1.02
2 BR
1.02ratio
FMR$2,205
Market$2,160
vs market+$45
FMR is near market; voucher and private rents are aligned.
90% standard$1,985 / 0.92 ratio110% standard$2,426 / 1.12 ratio
3 BR0.73
3 BR
0.73ratio
FMR$2,761
Market$3,800
vs market-$1,039
FMR is below market; voucher rent may lag private rents.
90% standard$2,485 / 0.65 ratio110% standard$3,037 / 0.80 ratio
4 BR0.65
4 BR
0.65ratio
FMR$3,137
Market$4,790
vs market-$1,653
FMR is below market; voucher rent may lag private rents.
90% standard$2,823 / 0.59 ratio110% standard$3,451 / 0.72 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 07003 (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.
07003 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 07003 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,205 and the 4 bedroom fair market rent is $3,137.
Use this page for searches like 07003 FMR, 07003 fair market rent, and 07003 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 | $1,612 |
| 1 bedroom | $1,822 |
| 2 bedroom | $2,205 |
| 3 bedroom | $2,761 |
| 4 bedroom | $3,137 |