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
$294,723
Cost breakdown
+Likely effective rent$2,400
HUD FMR$2,486
Market rentUsed$2,400
Est. payment standard (98%)$2,430
Market rent is below the inferred standard ($2,430, 98% of FMR).
-Principal and interest-$1,490
Loan amount$235,778
Down payment$58,945
Rate6.50%
Term30 years
-Operating costs-$710
Property taxes-$295
Insurance-$175
Utilities$0
HOA$0
Management-$240
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$38,309(65.0% ROI)
Projected value
$317,384
Current value$294,723
Return breakdown
Property appreciation+$22,661
Loan principal paid down+$8,447
Rental cash flow+$7,200
5-year hold
+$65,793(111.6% ROI)
Projected value
$333,451
Current value$294,723
Return breakdown
Property appreciation+$38,729
Loan principal paid down+$15,064
Rental cash flow+$12,000
10-year hold
+$142,442(241.7% ROI)
Projected value
$377,270
Current value$294,723
Return breakdown
Property appreciation+$82,547
Loan principal paid down+$35,895
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.
Studio0.75
Studio
0.75ratio
FMR$1,804
Market$2,420
vs market-$616
FMR is below market; voucher rent may lag private rents.
90% standard$1,624 / 0.67 ratio110% standard$1,984 / 0.82 ratio
1 BR0.93
1 BR
0.93ratio
FMR$1,978
Market$2,120
vs market-$142
FMR is near market; voucher and private rents are aligned.
90% standard$1,780 / 0.84 ratio110% standard$2,176 / 1.03 ratio
2 BR1.04
2 BR
1.04ratio
FMR$2,486
Market$2,400
vs market+$86
FMR is near market; voucher and private rents are aligned.
90% standard$2,237 / 0.93 ratio110% standard$2,735 / 1.14 ratio
3 BR1.08
3 BR
1.08ratio
FMR$2,981
Market$2,770
vs market+$211
FMR is near market; voucher and private rents are aligned.
90% standard$2,683 / 0.97 ratio110% standard$3,279 / 1.18 ratio
4 BR1.22
4 BR
1.22ratio
FMR$3,296
Market$2,700
vs market+$596
FMR is above market; underwrite to market rent.
90% standard$2,966 / 1.10 ratio110% standard$3,626 / 1.34 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 08868 (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.
08868 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 08868 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 08868 FMR, 08868 fair market rent, and 08868 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 |