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
$204,374
Cost breakdown
+Likely effective rent$1,792
HUD FMRUsed$1,792
Market rentN/A
Est. payment standardN/A
HUD FMR fallback; market rent is unavailable.
-Principal and interest-$1,033
Loan amount$163,499
Down payment$40,875
Rate6.50%
Term30 years
-Operating costs-$559
Property taxes-$204
Insurance-$175
Utilities$0
HOA$0
Management-$179
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,772(70.4% ROI)
Projected value
$220,088
Current value$204,374
Return breakdown
Property appreciation+$15,714
Loan principal paid down+$5,858
Rental cash flow+$7,200
5-year hold
+$49,302(120.6% ROI)
Projected value
$231,230
Current value$204,374
Return breakdown
Property appreciation+$26,856
Loan principal paid down+$10,446
Rental cash flow+$12,000
10-year hold
+$106,133(259.7% ROI)
Projected value
$261,616
Current value$204,374
Return breakdown
Property appreciation+$57,242
Loan principal paid down+$24,891
Rental cash flow+$24,000
Rolodex
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Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2022-2026
Data freshness
- FMR
- FY2026
About this result(HUD FMR/SAFMR details)
This page shows HUD Fair Market Rent data for 08251 (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.
08251 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08251 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 08251 FMR, 08251 fair market rent, and 08251 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 |