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
$242,713
Cost breakdown
+Likely effective rent$2,050
HUD FMR$2,240
Market rentUsed$2,050
Est. payment standard (94%)$2,120
Market rent is below the inferred standard ($2,120, 94% of FMR).
-Principal and interest-$1,227
Loan amount$194,170
Down payment$48,543
Rate6.50%
Term30 years
-Operating costs-$623
Property taxes-$243
Insurance-$175
Utilities$0
HOA$0
Management-$205
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$32,819(67.6% ROI)
Projected value
$261,375
Current value$242,713
Return breakdown
Property appreciation+$18,662
Loan principal paid down+$6,957
Rental cash flow+$7,200
5-year hold
+$56,300(116.0% ROI)
Projected value
$274,607
Current value$242,713
Return breakdown
Property appreciation+$31,894
Loan principal paid down+$12,406
Rental cash flow+$12,000
10-year hold
+$121,540(250.4% ROI)
Projected value
$310,693
Current value$242,713
Return breakdown
Property appreciation+$67,980
Loan principal paid down+$29,560
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.
Studio1.18
Studio- 60478
1.18ratio
FMR$1,860
Market$1,580
vs market+$280
FMR is above market; underwrite to market rent.
90% standard$1,674 / 1.06 ratio110% standard$2,046 / 1.29 ratio
1 BR1.24
1 BR- 60478
1.24ratio
FMR$1,990
Market$1,610
vs market+$380
FMR is above market; underwrite to market rent.
90% standard$1,791 / 1.11 ratio110% standard$2,189 / 1.36 ratio
2 BR1.09
2 BR- 60478
1.09ratio
FMR$2,240
Market$2,050
vs market+$190
FMR is near market; voucher and private rents are aligned.
90% standard$2,016 / 0.98 ratio110% standard$2,464 / 1.20 ratio
3 BR1.17
3 BR- 60478
1.17ratio
FMR$2,880
Market$2,460
vs market+$420
FMR is above market; underwrite to market rent.
90% standard$2,592 / 1.05 ratio110% standard$3,168 / 1.29 ratio
4 BR1.12
4 BR- 60478
1.12ratio
FMR$3,340
Market$2,980
vs market+$360
FMR is above market; underwrite to market rent.
90% standard$3,006 / 1.01 ratio110% standard$3,674 / 1.23 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents for larger 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 COUNTRY CLUB HILLS, 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
COUNTRY CLUB HILLS, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for COUNTRY CLUB HILLS, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,240 and the 4 bedroom fair market rent is $3,340.
Use this page for searches like COUNTRY CLUB HILLS, IL FMR, COUNTRY CLUB HILLS, IL fair market rent, and COUNTRY CLUB HILLS, 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 | $1,860 |
| 1 bedroom | $1,990 |
| 2 bedroom | $2,240 |
| 3 bedroom | $2,880 |
| 4 bedroom | $3,340 |