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
$343,760
Cost breakdown
+Likely effective rent$2,730
HUD FMR$2,486
Market rent$2,890
Est. payment standard (110%)Used$2,730
Estimated payment standard is $2,730 (110% of FMR).
-Principal and interest-$1,738
Loan amount$275,008
Down payment$68,752
Rate6.50%
Term30 years
-Operating costs-$792
Property taxes-$344
Insurance-$175
Utilities$0
HOA$0
Management-$273
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$43,485(63.2% ROI)
Projected value
$370,192
Current value$343,760
Return breakdown
Property appreciation+$26,432
Loan principal paid down+$9,853
Rental cash flow+$7,200
5-year hold
+$74,743(108.7% ROI)
Projected value
$388,933
Current value$343,760
Return breakdown
Property appreciation+$45,173
Loan principal paid down+$17,570
Rental cash flow+$12,000
10-year hold
+$162,149(235.8% ROI)
Projected value
$440,042
Current value$343,760
Return breakdown
Property appreciation+$96,282
Loan principal paid down+$41,867
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.
Studio0.51
Studio
0.51ratio
FMR$1,804
Market$3,510
vs market-$1,706
FMR is below market; voucher rent may lag private rents.
1 BR0.92
1 BR
0.92ratio
FMR$1,978
Market$2,150
vs market-$172
FMR is near market; voucher and private rents are aligned.
90% standard$1,780 / 0.83 ratio110% standard$2,176 / 1.01 ratio
2 BR0.86
2 BR
0.86ratio
FMR$2,486
Market$2,890
vs market-$404
FMR is below market; voucher rent may lag private rents.
90% standard$2,237 / 0.77 ratio110% standard$2,735 / 0.95 ratio
3 BR0.85
3 BR
0.85ratio
FMR$2,981
Market$3,500
vs market-$519
FMR is below market; voucher rent may lag private rents.
90% standard$2,683 / 0.77 ratio110% standard$3,279 / 0.94 ratio
4 BR0.80
4 BR
0.80ratio
FMR$3,296
Market$4,100
vs market-$804
FMR is below market; voucher rent may lag private rents.
90% standard$2,966 / 0.72 ratio110% standard$3,626 / 0.88 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 08820 (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.
08820 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08820 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 08820 FMR, 08820 fair market rent, and 08820 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 |