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
$181,787
Cost breakdown
+Likely effective rent$1,640
HUD FMR$1,810
Market rentUsed$1,640
Est. payment standard (94%)$1,700
Market rent is below the inferred standard ($1,700, 94% of FMR).
-Principal and interest-$919
Loan amount$145,429
Down payment$36,357
Rate6.50%
Term30 years
-Operating costs-$521
Property taxes-$182
Insurance-$175
Utilities$0
HOA$0
Management-$164
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$26,388(72.6% ROI)
Projected value
$195,765
Current value$181,787
Return breakdown
Property appreciation+$13,978
Loan principal paid down+$5,210
Rental cash flow+$7,200
5-year hold
+$45,180(124.3% ROI)
Projected value
$205,675
Current value$181,787
Return breakdown
Property appreciation+$23,888
Loan principal paid down+$9,292
Rental cash flow+$12,000
10-year hold
+$97,056(266.9% ROI)
Projected value
$232,703
Current value$181,787
Return breakdown
Property appreciation+$50,916
Loan principal paid down+$22,140
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.
Studio1.12
Studio
1.12ratio
FMR$1,397
Market$1,250
vs market+$147
FMR is above market; underwrite to market rent.
90% standard$1,257 / 1.01 ratio110% standard$1,537 / 1.23 ratio
1 BR1.12
1 BR
1.12ratio
FMR$1,520
Market$1,360
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,368 / 1.01 ratio110% standard$1,672 / 1.23 ratio
2 BR1.10
2 BR
1.10ratio
FMR$1,810
Market$1,640
vs market+$170
FMR is above market; underwrite to market rent.
90% standard$1,629 / 0.99 ratio110% standard$1,991 / 1.21 ratio
3 BR1.20
3 BR
1.20ratio
FMR$2,170
Market$1,810
vs market+$360
FMR is above market; underwrite to market rent.
90% standard$1,953 / 1.08 ratio110% standard$2,387 / 1.32 ratio
4 BR1.12
4 BR
1.12ratio
FMR$2,423
Market$2,160
vs market+$263
FMR is above market; underwrite to market rent.
90% standard$2,181 / 1.01 ratio110% standard$2,665 / 1.23 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed 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 08104 (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.
08104 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08104 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 08104 FMR, 08104 fair market rent, and 08104 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 |