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
$290,265
Cost breakdown
+Likely effective rent$2,370
HUD FMR$2,205
Market rent$2,460
Est. payment standard (108%)Used$2,370
Estimated payment standard is $2,370 (108% of FMR).
-Principal and interest-$1,468
Loan amount$232,212
Down payment$58,053
Rate6.50%
Term30 years
-Operating costs-$702
Property taxes-$290
Insurance-$175
Utilities$0
HOA$0
Management-$237
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$37,838(65.2% ROI)
Projected value
$312,583
Current value$290,265
Return breakdown
Property appreciation+$22,319
Loan principal paid down+$8,320
Rental cash flow+$7,200
5-year hold
+$64,979(111.9% ROI)
Projected value
$328,408
Current value$290,265
Return breakdown
Property appreciation+$38,143
Loan principal paid down+$14,836
Rental cash flow+$12,000
10-year hold
+$140,650(242.3% ROI)
Projected value
$371,563
Current value$290,265
Return breakdown
Property appreciation+$81,299
Loan principal paid down+$35,352
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.
Studio0.84
Studio
0.84ratio
FMR$1,612
Market$1,920
vs market-$308
FMR is below market; voucher rent may lag private rents.
90% standard$1,451 / 0.76 ratio110% standard$1,773 / 0.92 ratio
1 BR0.92
1 BR
0.92ratio
FMR$1,822
Market$1,990
vs market-$168
FMR is near market; voucher and private rents are aligned.
90% standard$1,640 / 0.82 ratio110% standard$2,004 / 1.01 ratio
2 BR0.90
2 BR
0.90ratio
FMR$2,205
Market$2,460
vs market-$255
FMR is below market; voucher rent may lag private rents.
90% standard$1,985 / 0.81 ratio110% standard$2,426 / 0.99 ratio
3 BR0.90
3 BR
0.90ratio
FMR$2,761
Market$3,080
vs market-$319
FMR is below market; voucher rent may lag private rents.
90% standard$2,485 / 0.81 ratio110% standard$3,037 / 0.99 ratio
4 BR0.81
4 BR
0.81ratio
FMR$3,137
Market$3,870
vs market-$733
FMR is below market; voucher rent may lag private rents.
90% standard$2,823 / 0.73 ratio110% standard$3,451 / 0.89 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 07885 (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.
07885 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 07885 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 07885 FMR, 07885 fair market rent, and 07885 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 |