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
$275,405
Cost breakdown
+Likely effective rent$2,270
HUD FMR$2,205
Market rent$2,300
Est. payment standard (103%)Used$2,270
Estimated payment standard is $2,270 (103% of FMR).
-Principal and interest-$1,393
Loan amount$220,324
Down payment$55,081
Rate6.50%
Term30 years
-Operating costs-$677
Property taxes-$275
Insurance-$175
Utilities$0
HOA$0
Management-$227
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$36,270(65.8% ROI)
Projected value
$296,581
Current value$275,405
Return breakdown
Property appreciation+$21,176
Loan principal paid down+$7,894
Rental cash flow+$7,200
5-year hold
+$62,267(113.0% ROI)
Projected value
$311,595
Current value$275,405
Return breakdown
Property appreciation+$36,190
Loan principal paid down+$14,077
Rental cash flow+$12,000
10-year hold
+$134,678(244.5% ROI)
Projected value
$352,541
Current value$275,405
Return breakdown
Property appreciation+$77,137
Loan principal paid down+$33,542
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.
Studio0.41
Studio- 07936
0.41ratio
FMR$1,612
Market$3,970
vs market-$2,358
FMR is below market; voucher rent may lag private rents.
1 BR0.69
1 BR- 07936
0.69ratio
FMR$1,822
Market$2,630
vs market-$808
FMR is below market; voucher rent may lag private rents.
90% standard$1,640 / 0.62 ratio110% standard$2,004 / 0.76 ratio
2 BR0.96
2 BR- 07936
0.96ratio
FMR$2,205
Market$2,300
vs market-$95
FMR is near market; voucher and private rents are aligned.
90% standard$1,985 / 0.86 ratio110% standard$2,426 / 1.05 ratio
3 BR0.71
3 BR- 07936
0.71ratio
FMR$2,761
Market$3,900
vs market-$1,139
FMR is below market; voucher rent may lag private rents.
90% standard$2,485 / 0.64 ratio110% standard$3,037 / 0.78 ratio
4 BR0.68
4 BR- 07936
0.68ratio
FMR$3,137
Market$4,610
vs market-$1,473
FMR is below market; voucher rent may lag private rents.
90% standard$2,823 / 0.61 ratio110% standard$3,451 / 0.75 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 EAST HANOVER, NJ (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.
Related ZIPs
EAST HANOVER, NJ fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for EAST HANOVER, NJ shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,205 and the 4 bedroom fair market rent is $3,137.
Use this page for searches like EAST HANOVER, NJ FMR, EAST HANOVER, NJ fair market rent, and EAST HANOVER, NJ 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 | $1,612 |
| 1 bedroom | $1,822 |
| 2 bedroom | $2,205 |
| 3 bedroom | $2,761 |
| 4 bedroom | $3,137 |