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
$221,909
Cost breakdown
+Likely effective rent$1,910
HUD FMR$1,810
Market rent$1,970
Est. payment standard (106%)Used$1,910
Estimated payment standard is $1,910 (106% of FMR).
-Principal and interest-$1,122
Loan amount$177,527
Down payment$44,382
Rate6.50%
Term30 years
-Operating costs-$588
Property taxes-$222
Insurance-$175
Utilities$0
HOA$0
Management-$191
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$30,623(69.0% ROI)
Projected value
$238,971
Current value$221,909
Return breakdown
Property appreciation+$17,063
Loan principal paid down+$6,360
Rental cash flow+$7,200
5-year hold
+$52,503(118.3% ROI)
Projected value
$251,069
Current value$221,909
Return breakdown
Property appreciation+$29,161
Loan principal paid down+$11,342
Rental cash flow+$12,000
10-year hold
+$113,180(255.0% ROI)
Projected value
$284,062
Current value$221,909
Return breakdown
Property appreciation+$62,153
Loan principal paid down+$27,026
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.
Studio0.77
Studio
0.77ratio
FMR$1,397
Market$1,820
vs market-$423
FMR is below market; voucher rent may lag private rents.
90% standard$1,257 / 0.69 ratio110% standard$1,537 / 0.84 ratio
1 BR0.83
1 BR
0.83ratio
FMR$1,520
Market$1,840
vs market-$320
FMR is below market; voucher rent may lag private rents.
90% standard$1,368 / 0.74 ratio110% standard$1,672 / 0.91 ratio
2 BR0.92
2 BR
0.92ratio
FMR$1,810
Market$1,970
vs market-$160
FMR is near market; voucher and private rents are aligned.
90% standard$1,629 / 0.83 ratio110% standard$1,991 / 1.01 ratio
3 BR1.05
3 BR
1.05ratio
FMR$2,170
Market$2,060
vs market+$110
FMR is near market; voucher and private rents are aligned.
90% standard$1,953 / 0.95 ratio110% standard$2,387 / 1.16 ratio
4 BR1.16
4 BR
1.16ratio
FMR$2,423
Market$2,090
vs market+$333
FMR is above market; underwrite to market rent.
90% standard$2,181 / 1.04 ratio110% standard$2,665 / 1.28 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 08318 (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.
08318 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08318 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 08318 FMR, 08318 fair market rent, and 08318 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 |