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
$253,115
Cost breakdown
+Likely effective rent$2,120
HUD FMR$2,486
Market rentUsed$2,120
Est. payment standard (90%)$2,250
Market rent is below the inferred standard ($2,250, 90% of FMR).
-Principal and interest-$1,280
Loan amount$202,492
Down payment$50,623
Rate6.50%
Term30 years
-Operating costs-$640
Property taxes-$253
Insurance-$175
Utilities$0
HOA$0
Management-$212
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$33,917(67.0% ROI)
Projected value
$272,577
Current value$253,115
Return breakdown
Property appreciation+$19,462
Loan principal paid down+$7,255
Rental cash flow+$7,200
5-year hold
+$58,199(115.0% ROI)
Projected value
$286,376
Current value$253,115
Return breakdown
Property appreciation+$33,261
Loan principal paid down+$12,937
Rental cash flow+$12,000
10-year hold
+$125,721(248.3% ROI)
Projected value
$324,008
Current value$253,115
Return breakdown
Property appreciation+$70,893
Loan principal paid down+$30,827
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.
Studio0.81
Studio
0.81ratio
FMR$1,804
Market$2,240
vs market-$436
FMR is below market; voucher rent may lag private rents.
90% standard$1,624 / 0.72 ratio110% standard$1,984 / 0.89 ratio
1 BR1.20
1 BR
1.20ratio
FMR$1,978
Market$1,650
vs market+$328
FMR is above market; underwrite to market rent.
90% standard$1,780 / 1.08 ratio110% standard$2,176 / 1.32 ratio
2 BR1.17
2 BR
1.17ratio
FMR$2,486
Market$2,120
vs market+$366
FMR is above market; underwrite to market rent.
90% standard$2,237 / 1.06 ratio110% standard$2,735 / 1.29 ratio
3 BR1.13
3 BR
1.13ratio
FMR$2,981
Market$2,640
vs market+$341
FMR is above market; underwrite to market rent.
90% standard$2,683 / 1.02 ratio110% standard$3,279 / 1.24 ratio
4 BR1.17
4 BR
1.17ratio
FMR$3,296
Market$2,820
vs market+$476
FMR is above market; underwrite to market rent.
90% standard$2,966 / 1.05 ratio110% standard$3,626 / 1.29 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 08802 (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.
08802 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08802 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,486 and the 4 bedroom fair market rent is $3,296.
Use this page for searches like 08802 FMR, 08802 fair market rent, and 08802 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 | $1,804 |
| 1 bedroom | $1,978 |
| 2 bedroom | $2,486 |
| 3 bedroom | $2,981 |
| 4 bedroom | $3,296 |