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
$299,181
Cost breakdown
+Likely effective rent$2,430
HUD FMR$2,205
Market rent$4,180
Est. payment standard (110%)Used$2,430
Estimated payment standard is $2,430 (110% of FMR).
-Principal and interest-$1,513
Loan amount$239,344
Down payment$59,836
Rate6.50%
Term30 years
-Operating costs-$717
Property taxes-$299
Insurance-$175
Utilities$0
HOA$0
Management-$243
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$38,779(64.8% ROI)
Projected value
$322,185
Current value$299,181
Return breakdown
Property appreciation+$23,004
Loan principal paid down+$8,575
Rental cash flow+$7,200
5-year hold
+$66,607(111.3% ROI)
Projected value
$338,495
Current value$299,181
Return breakdown
Property appreciation+$39,315
Loan principal paid down+$15,292
Rental cash flow+$12,000
10-year hold
+$144,233(241.0% ROI)
Projected value
$382,976
Current value$299,181
Return breakdown
Property appreciation+$83,796
Loan principal paid down+$36,437
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.
Studio0.30
Studio- 07078
0.30ratio
FMR$1,612
Market$5,360
vs market-$3,748
FMR is below market; voucher rent may lag private rents.
1 BR0.75
1 BR- 07078
0.75ratio
FMR$1,822
Market$2,440
vs market-$618
FMR is below market; voucher rent may lag private rents.
90% standard$1,640 / 0.67 ratio110% standard$2,004 / 0.82 ratio
2 BR0.53
2 BR- 07078
0.53ratio
FMR$2,205
Market$4,180
vs market-$1,975
FMR is below market; voucher rent may lag private rents.
3 BR0.58
3 BR- 07078
0.58ratio
FMR$2,761
Market$4,740
vs market-$1,979
FMR is below market; voucher rent may lag private rents.
90% standard$2,485 / 0.52 ratio110% standard$3,037 / 0.64 ratio
4 BR0.47
4 BR- 07078
0.47ratio
FMR$3,137
Market$6,700
vs market-$3,563
FMR is below market; voucher rent may lag private rents.
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for all bedroom 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 SHORT HILLS, 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
SHORT HILLS, NJ fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for SHORT HILLS, 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 SHORT HILLS, NJ FMR, SHORT HILLS, NJ fair market rent, and SHORT HILLS, 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 |