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
$254,601
Cost breakdown
+Likely effective rent$2,130
HUD FMR$2,205
Market rentUsed$2,130
Est. payment standard (98%)$2,160
Market rent is below the inferred standard ($2,160, 98% of FMR).
-Principal and interest-$1,287
Loan amount$203,681
Down payment$50,920
Rate6.50%
Term30 years
-Operating costs-$643
Property taxes-$255
Insurance-$175
Utilities$0
HOA$0
Management-$213
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,074(66.9% ROI)
Projected value
$274,177
Current value$254,601
Return breakdown
Property appreciation+$19,576
Loan principal paid down+$7,297
Rental cash flow+$7,200
5-year hold
+$58,470(114.8% ROI)
Projected value
$288,057
Current value$254,601
Return breakdown
Property appreciation+$33,457
Loan principal paid down+$13,013
Rental cash flow+$12,000
10-year hold
+$126,318(248.1% ROI)
Projected value
$325,910
Current value$254,601
Return breakdown
Property appreciation+$71,310
Loan principal paid down+$31,008
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.
Studio0.89
Studio
0.89ratio
FMR$1,612
Market$1,810
vs market-$198
FMR is below market; voucher rent may lag private rents.
90% standard$1,451 / 0.80 ratio110% standard$1,773 / 0.98 ratio
1 BR1.02
1 BR
1.02ratio
FMR$1,822
Market$1,780
vs market+$42
FMR is near market; voucher and private rents are aligned.
90% standard$1,640 / 0.92 ratio110% standard$2,004 / 1.13 ratio
2 BR1.04
2 BR
1.04ratio
FMR$2,205
Market$2,130
vs market+$75
FMR is near market; voucher and private rents are aligned.
90% standard$1,985 / 0.93 ratio110% standard$2,426 / 1.14 ratio
3 BR1.10
3 BR
1.10ratio
FMR$2,761
Market$2,510
vs market+$251
FMR is near market; voucher and private rents are aligned.
90% standard$2,485 / 0.99 ratio110% standard$3,037 / 1.21 ratio
4 BR1.24
4 BR
1.24ratio
FMR$3,137
Market$2,540
vs market+$597
FMR is above market; underwrite to market rent.
90% standard$2,823 / 1.11 ratio110% standard$3,451 / 1.36 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 07108 (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.
07108 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 07108 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 07108 FMR, 07108 fair market rent, and 07108 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 |