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
$263,517
Cost breakdown
+Likely effective rent$2,190
HUD FMR$2,324
Market rentUsed$2,190
Est. payment standard (96%)$2,240
Market rent is below the inferred standard ($2,240, 96% of FMR).
-Principal and interest-$1,332
Loan amount$210,813
Down payment$52,703
Rate6.50%
Term30 years
-Operating costs-$658
Property taxes-$264
Insurance-$175
Utilities$0
HOA$0
Management-$219
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$35,015(66.4% ROI)
Projected value
$283,779
Current value$263,517
Return breakdown
Property appreciation+$20,262
Loan principal paid down+$7,553
Rental cash flow+$7,200
5-year hold
+$60,097(114.0% ROI)
Projected value
$298,145
Current value$263,517
Return breakdown
Property appreciation+$34,628
Loan principal paid down+$13,469
Rental cash flow+$12,000
10-year hold
+$129,901(246.5% ROI)
Projected value
$337,324
Current value$263,517
Return breakdown
Property appreciation+$73,807
Loan principal paid down+$32,094
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.
Studio1.07
Studio
1.07ratio
FMR$1,778
Market$1,660
vs market+$118
FMR is near market; voucher and private rents are aligned.
90% standard$1,600 / 0.96 ratio110% standard$1,956 / 1.18 ratio
1 BR1.12
1 BR
1.12ratio
FMR$2,024
Market$1,800
vs market+$224
FMR is above market; underwrite to market rent.
90% standard$1,822 / 1.01 ratio110% standard$2,226 / 1.24 ratio
2 BR1.06
2 BR
1.06ratio
FMR$2,324
Market$2,190
vs market+$134
FMR is near market; voucher and private rents are aligned.
90% standard$2,092 / 0.96 ratio110% standard$2,556 / 1.17 ratio
3 BR1.10
3 BR
1.10ratio
FMR$2,835
Market$2,570
vs market+$265
FMR is above market; underwrite to market rent.
90% standard$2,552 / 0.99 ratio110% standard$3,119 / 1.21 ratio
4 BR1.28
4 BR
1.28ratio
FMR$3,618
Market$2,820
vs market+$798
FMR is above market; underwrite to market rent.
90% standard$3,256 / 1.15 ratio110% standard$3,980 / 1.41 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents for larger 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 07505 (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.
07505 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 07505 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,324 and the 4 bedroom fair market rent is $3,618.
Use this page for searches like 07505 FMR, 07505 fair market rent, and 07505 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 | $1,778 |
| 1 bedroom | $2,024 |
| 2 bedroom | $2,324 |
| 3 bedroom | $2,835 |
| 4 bedroom | $3,618 |