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
$230,825
Cost breakdown
+Likely effective rent$1,970
HUD FMR$1,792
Market rent$2,660
Est. payment standard (110%)Used$1,970
Estimated payment standard is $1,970 (110% of FMR).
-Principal and interest-$1,167
Loan amount$184,660
Down payment$46,165
Rate6.50%
Term30 years
-Operating costs-$603
Property taxes-$231
Insurance-$175
Utilities$0
HOA$0
Management-$197
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$31,564(68.4% ROI)
Projected value
$248,573
Current value$230,825
Return breakdown
Property appreciation+$17,748
Loan principal paid down+$6,616
Rental cash flow+$7,200
5-year hold
+$54,130(117.3% ROI)
Projected value
$261,157
Current value$230,825
Return breakdown
Property appreciation+$30,332
Loan principal paid down+$11,798
Rental cash flow+$12,000
10-year hold
+$116,763(252.9% ROI)
Projected value
$295,475
Current value$230,825
Return breakdown
Property appreciation+$64,650
Loan principal paid down+$28,112
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.
Studio0.54
Studio
0.54ratio
FMR$1,320
Market$2,460
vs market-$1,140
FMR is below market; voucher rent may lag private rents.
1 BR0.65
1 BR
0.65ratio
FMR$1,366
Market$2,110
vs market-$744
FMR is below market; voucher rent may lag private rents.
90% standard$1,229 / 0.58 ratio110% standard$1,503 / 0.71 ratio
2 BR0.67
2 BR
0.67ratio
FMR$1,792
Market$2,660
vs market-$868
FMR is below market; voucher rent may lag private rents.
90% standard$1,613 / 0.61 ratio110% standard$1,971 / 0.74 ratio
3 BR0.69
3 BR
0.69ratio
FMR$2,396
Market$3,490
vs market-$1,094
FMR is below market; voucher rent may lag private rents.
90% standard$2,156 / 0.62 ratio110% standard$2,636 / 0.76 ratio
4 BR0.81
4 BR
0.81ratio
FMR$2,405
Market$2,960
vs market-$555
FMR is below market; voucher rent may lag private rents.
90% standard$2,165 / 0.73 ratio110% standard$2,646 / 0.89 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for 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 08223 (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.
08223 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08223 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,792 and the 4 bedroom fair market rent is $2,405.
Use this page for searches like 08223 FMR, 08223 fair market rent, and 08223 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 | $1,320 |
| 1 bedroom | $1,366 |
| 2 bedroom | $1,792 |
| 3 bedroom | $2,396 |
| 4 bedroom | $2,405 |