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
$318,498
Cost breakdown
+Likely effective rent$2,560
HUD FMR$2,324
Market rent$2,790
Est. payment standard (110%)Used$2,560
Estimated payment standard is $2,560 (110% of FMR).
-Principal and interest-$1,611
Loan amount$254,799
Down payment$63,700
Rate6.50%
Term30 years
-Operating costs-$749
Property taxes-$318
Insurance-$175
Utilities$0
HOA$0
Management-$256
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$40,818(64.1% ROI)
Projected value
$342,988
Current value$318,498
Return breakdown
Property appreciation+$24,490
Loan principal paid down+$9,129
Rental cash flow+$7,200
5-year hold
+$70,132(110.1% ROI)
Projected value
$360,352
Current value$318,498
Return breakdown
Property appreciation+$41,853
Loan principal paid down+$16,279
Rental cash flow+$12,000
10-year hold
+$151,997(238.6% ROI)
Projected value
$407,705
Current value$318,498
Return breakdown
Property appreciation+$89,206
Loan principal paid down+$38,790
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.
Studio0.86
Studio
0.86ratio
FMR$1,778
Market$2,070
vs market-$292
FMR is below market; voucher rent may lag private rents.
90% standard$1,600 / 0.77 ratio110% standard$1,956 / 0.94 ratio
1 BR0.72
1 BR
0.72ratio
FMR$2,024
Market$2,830
vs market-$806
FMR is below market; voucher rent may lag private rents.
90% standard$1,822 / 0.64 ratio110% standard$2,226 / 0.79 ratio
2 BR0.83
2 BR
0.83ratio
FMR$2,324
Market$2,790
vs market-$466
FMR is below market; voucher rent may lag private rents.
90% standard$2,092 / 0.75 ratio110% standard$2,556 / 0.92 ratio
3 BR0.87
3 BR
0.87ratio
FMR$2,835
Market$3,250
vs market-$415
FMR is below market; voucher rent may lag private rents.
90% standard$2,552 / 0.79 ratio110% standard$3,119 / 0.96 ratio
4 BR1.04
4 BR
1.04ratio
FMR$3,618
Market$3,470
vs market+$148
FMR is near market; voucher and private rents are aligned.
90% standard$3,256 / 0.94 ratio110% standard$3,980 / 1.15 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 07601 (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.
07601 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 07601 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 07601 FMR, 07601 fair market rent, and 07601 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 |