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
$311,068
Cost breakdown
+Likely effective rent$2,510
HUD FMR$2,328
Market rent$2,610
Est. payment standard (108%)Used$2,510
Estimated payment standard is $2,510 (108% of FMR).
-Principal and interest-$1,573
Loan amount$248,855
Down payment$62,214
Rate6.50%
Term30 years
-Operating costs-$737
Property taxes-$311
Insurance-$175
Utilities$0
HOA$0
Management-$251
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$40,034(64.3% ROI)
Projected value
$334,987
Current value$311,068
Return breakdown
Property appreciation+$23,918
Loan principal paid down+$8,916
Rental cash flow+$7,200
5-year hold
+$68,776(110.5% ROI)
Projected value
$351,945
Current value$311,068
Return breakdown
Property appreciation+$40,877
Loan principal paid down+$15,899
Rental cash flow+$12,000
10-year hold
+$149,011(239.5% ROI)
Projected value
$398,194
Current value$311,068
Return breakdown
Property appreciation+$87,125
Loan principal paid down+$37,885
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.
Studio0.59
Studio
0.59ratio
FMR$1,676
Market$2,860
vs market-$1,184
FMR is below market; voucher rent may lag private rents.
90% standard$1,508 / 0.53 ratio110% standard$1,844 / 0.64 ratio
1 BR0.66
1 BR
0.66ratio
FMR$1,889
Market$2,850
vs market-$961
FMR is below market; voucher rent may lag private rents.
90% standard$1,700 / 0.60 ratio110% standard$2,078 / 0.73 ratio
2 BR0.89
2 BR
0.89ratio
FMR$2,328
Market$2,610
vs market-$282
FMR is below market; voucher rent may lag private rents.
90% standard$2,095 / 0.80 ratio110% standard$2,561 / 0.98 ratio
3 BR0.93
3 BR
0.93ratio
FMR$3,043
Market$3,260
vs market-$217
FMR is near market; voucher and private rents are aligned.
90% standard$2,739 / 0.84 ratio110% standard$3,347 / 1.03 ratio
4 BR0.81
4 BR
0.81ratio
FMR$3,371
Market$4,170
vs market-$799
FMR is below market; voucher rent may lag private rents.
90% standard$3,034 / 0.73 ratio110% standard$3,708 / 0.89 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 08720 (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.
08720 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08720 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,328 and the 4 bedroom fair market rent is $3,371.
Use this page for searches like 08720 FMR, 08720 fair market rent, and 08720 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 | $1,676 |
| 1 bedroom | $1,889 |
| 2 bedroom | $2,328 |
| 3 bedroom | $3,043 |
| 4 bedroom | $3,371 |