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
$285,807
Cost breakdown
+Likely effective rent$2,340
HUD FMR$2,328
Market rent$2,350
Est. payment standard (101%)Used$2,340
Estimated payment standard is $2,340 (101% of FMR).
-Principal and interest-$1,445
Loan amount$228,645
Down payment$57,161
Rate6.50%
Term30 years
-Operating costs-$695
Property taxes-$286
Insurance-$175
Utilities$0
HOA$0
Management-$234
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$37,368(65.4% ROI)
Projected value
$307,782
Current value$285,807
Return breakdown
Property appreciation+$21,976
Loan principal paid down+$8,192
Rental cash flow+$7,200
5-year hold
+$64,166(112.3% ROI)
Projected value
$323,364
Current value$285,807
Return breakdown
Property appreciation+$37,557
Loan principal paid down+$14,608
Rental cash flow+$12,000
10-year hold
+$138,859(242.9% ROI)
Projected value
$365,857
Current value$285,807
Return breakdown
Property appreciation+$80,050
Loan principal paid down+$34,809
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.
Studio0.96
Studio
0.96ratio
FMR$1,676
Market$1,740
vs market-$64
FMR is near market; voucher and private rents are aligned.
90% standard$1,508 / 0.87 ratio110% standard$1,844 / 1.06 ratio
1 BR1.07
1 BR
1.07ratio
FMR$1,889
Market$1,760
vs market+$129
FMR is near market; voucher and private rents are aligned.
90% standard$1,700 / 0.97 ratio110% standard$2,078 / 1.18 ratio
2 BR0.99
2 BR
0.99ratio
FMR$2,328
Market$2,350
vs market-$22
FMR is near market; voucher and private rents are aligned.
90% standard$2,095 / 0.89 ratio110% standard$2,561 / 1.09 ratio
3 BR0.92
3 BR
0.92ratio
FMR$3,043
Market$3,300
vs market-$257
FMR is near market; voucher and private rents are aligned.
90% standard$2,739 / 0.83 ratio110% standard$3,347 / 1.01 ratio
4 BR0.83
4 BR
0.83ratio
FMR$3,371
Market$4,070
vs market-$699
FMR is below market; voucher rent may lag private rents.
90% standard$3,034 / 0.75 ratio110% standard$3,708 / 0.91 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 08723 (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.
08723 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08723 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 08723 FMR, 08723 fair market rent, and 08723 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 |