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
$181,787
Cost breakdown
+Likely effective rent$1,640
HUD FMR$1,490
Market rent$1,730
Est. payment standard (110%)Used$1,640
Estimated payment standard is $1,640 (110% of FMR).
-Principal and interest-$919
Loan amount$145,429
Down payment$36,357
Rate6.50%
Term30 years
-Operating costs-$521
Property taxes-$182
Insurance-$175
Utilities$0
HOA$0
Management-$164
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$26,388(72.6% ROI)
Projected value
$195,765
Current value$181,787
Return breakdown
Property appreciation+$13,978
Loan principal paid down+$5,210
Rental cash flow+$7,200
5-year hold
+$45,180(124.3% ROI)
Projected value
$205,675
Current value$181,787
Return breakdown
Property appreciation+$23,888
Loan principal paid down+$9,292
Rental cash flow+$12,000
10-year hold
+$97,056(266.9% ROI)
Projected value
$232,703
Current value$181,787
Return breakdown
Property appreciation+$50,916
Loan principal paid down+$22,140
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio1.17
Studio- 60804
1.17ratio
FMR$1,240
Market$1,060
vs market+$180
FMR is above market; underwrite to market rent.
90% standard$1,116 / 1.05 ratio110% standard$1,364 / 1.29 ratio
1 BR1.25
1 BR- 60804
1.25ratio
FMR$1,320
Market$1,060
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$1,188 / 1.12 ratio110% standard$1,452 / 1.37 ratio
2 BR0.86
2 BR- 60804
0.86ratio
FMR$1,490
Market$1,730
vs market-$240
FMR is below market; voucher rent may lag private rents.
90% standard$1,341 / 0.78 ratio110% standard$1,639 / 0.95 ratio
3 BR0.91
3 BR- 60804
0.91ratio
FMR$1,920
Market$2,120
vs market-$200
FMR is near market; voucher and private rents are aligned.
90% standard$1,728 / 0.82 ratio110% standard$2,112 / 1.00 ratio
4 BR0.89
4 BR- 60804
0.89ratio
FMR$2,220
Market$2,490
vs market-$270
FMR is below market; voucher rent may lag private rents.
90% standard$1,998 / 0.80 ratio110% standard$2,442 / 0.98 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 CICERO, IL (IL) 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 SAFMR 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
CICERO, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for CICERO, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,490 and the 4 bedroom fair market rent is $2,220.
Use this page for searches like CICERO, IL FMR, CICERO, IL fair market rent, and CICERO, IL 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 | $1,240 |
| 1 bedroom | $1,320 |
| 2 bedroom | $1,490 |
| 3 bedroom | $1,920 |
| 4 bedroom | $2,220 |