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
$224,881
Cost breakdown
+Likely effective rent$1,930
HUD FMR$1,895
Market rent$1,950
Est. payment standard (102%)Used$1,930
Estimated payment standard is $1,930 (102% of FMR).
-Principal and interest-$1,137
Loan amount$179,905
Down payment$44,976
Rate6.50%
Term30 years
-Operating costs-$593
Property taxes-$225
Insurance-$175
Utilities$0
HOA$0
Management-$193
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$30,937(68.8% ROI)
Projected value
$242,172
Current value$224,881
Return breakdown
Property appreciation+$17,291
Loan principal paid down+$6,446
Rental cash flow+$7,200
5-year hold
+$53,045(117.9% ROI)
Projected value
$254,432
Current value$224,881
Return breakdown
Property appreciation+$29,551
Loan principal paid down+$11,494
Rental cash flow+$12,000
10-year hold
+$114,374(254.3% ROI)
Projected value
$287,866
Current value$224,881
Return breakdown
Property appreciation+$62,986
Loan principal paid down+$27,388
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.
Studio0.97
Studio
0.97ratio
FMR$1,517
Market$1,560
vs market-$43
FMR is near market; voucher and private rents are aligned.
90% standard$1,365 / 0.88 ratio110% standard$1,669 / 1.07 ratio
1 BR0.97
1 BR
0.97ratio
FMR$1,527
Market$1,570
vs market-$43
FMR is near market; voucher and private rents are aligned.
90% standard$1,374 / 0.88 ratio110% standard$1,680 / 1.07 ratio
2 BR0.97
2 BR
0.97ratio
FMR$1,895
Market$1,950
vs market-$55
FMR is near market; voucher and private rents are aligned.
90% standard$1,706 / 0.87 ratio110% standard$2,085 / 1.07 ratio
3 BR1.05
3 BR
1.05ratio
FMR$2,404
Market$2,300
vs market+$104
FMR is near market; voucher and private rents are aligned.
90% standard$2,164 / 0.94 ratio110% standard$2,644 / 1.15 ratio
4 BR1.06
4 BR
1.06ratio
FMR$2,800
Market$2,650
vs market+$150
FMR is near market; voucher and private rents are aligned.
90% standard$2,520 / 0.95 ratio110% standard$3,080 / 1.16 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are well-aligned with market rents across all bedroom 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 07823 (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.
07823 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 07823 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,895 and the 4 bedroom fair market rent is $2,800.
Use this page for searches like 07823 FMR, 07823 fair market rent, and 07823 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 | $1,517 |
| 1 bedroom | $1,527 |
| 2 bedroom | $1,895 |
| 3 bedroom | $2,404 |
| 4 bedroom | $2,800 |