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
$226,367
Cost breakdown
+Likely effective rent$1,940
HUD FMR$1,810
Market rent$2,010
Est. payment standard (107%)Used$1,940
Estimated payment standard is $1,940 (107% of FMR).
-Principal and interest-$1,145
Loan amount$181,093
Down payment$45,273
Rate6.50%
Term30 years
-Operating costs-$595
Property taxes-$226
Insurance-$175
Utilities$0
HOA$0
Management-$194
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$31,094(68.7% ROI)
Projected value
$243,772
Current value$226,367
Return breakdown
Property appreciation+$17,405
Loan principal paid down+$6,488
Rental cash flow+$7,200
5-year hold
+$53,317(117.8% ROI)
Projected value
$256,113
Current value$226,367
Return breakdown
Property appreciation+$29,746
Loan principal paid down+$11,570
Rental cash flow+$12,000
10-year hold
+$114,971(253.9% ROI)
Projected value
$289,769
Current value$226,367
Return breakdown
Property appreciation+$63,402
Loan principal paid down+$27,569
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.
Studio0.72
Studio
0.72ratio
FMR$1,397
Market$1,950
vs market-$553
FMR is below market; voucher rent may lag private rents.
90% standard$1,257 / 0.64 ratio110% standard$1,537 / 0.79 ratio
1 BR0.79
1 BR
0.79ratio
FMR$1,520
Market$1,920
vs market-$400
FMR is below market; voucher rent may lag private rents.
90% standard$1,368 / 0.71 ratio110% standard$1,672 / 0.87 ratio
2 BR0.90
2 BR
0.90ratio
FMR$1,810
Market$2,010
vs market-$200
FMR is near market; voucher and private rents are aligned.
90% standard$1,629 / 0.81 ratio110% standard$1,991 / 0.99 ratio
3 BR0.81
3 BR
0.81ratio
FMR$2,170
Market$2,670
vs market-$500
FMR is below market; voucher rent may lag private rents.
90% standard$1,953 / 0.73 ratio110% standard$2,387 / 0.89 ratio
4 BR0.78
4 BR
0.78ratio
FMR$2,423
Market$3,110
vs market-$687
FMR is below market; voucher rent may lag private rents.
90% standard$2,181 / 0.70 ratio110% standard$2,665 / 0.86 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 08081 (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.
08081 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08081 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,810 and the 4 bedroom fair market rent is $2,423.
Use this page for searches like 08081 FMR, 08081 fair market rent, and 08081 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 | $1,397 |
| 1 bedroom | $1,520 |
| 2 bedroom | $1,810 |
| 3 bedroom | $2,170 |
| 4 bedroom | $2,423 |