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
$82,225
Cost breakdown
+Likely effective rent$970
HUD FMR$940
Market rent$990
Est. payment standard (103%)Used$970
Estimated payment standard is $970 (103% of FMR).
-Principal and interest-$416
Loan amount$65,780
Down payment$16,445
Rate6.50%
Term30 years
-Operating costs-$354
Property taxes-$82
Insurance-$175
Utilities$0
HOA$0
Management-$97
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$15,879(96.6% ROI)
Projected value
$88,547
Current value$82,225
Return breakdown
Property appreciation+$6,322
Loan principal paid down+$2,357
Rental cash flow+$7,200
5-year hold
+$27,008(164.2% ROI)
Projected value
$93,030
Current value$82,225
Return breakdown
Property appreciation+$10,805
Loan principal paid down+$4,203
Rental cash flow+$12,000
10-year hold
+$57,044(346.9% ROI)
Projected value
$105,255
Current value$82,225
Return breakdown
Property appreciation+$23,030
Loan principal paid down+$10,014
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.
Studio0.82
Studio- 61430
0.82ratio
FMR$710
Market$870
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$639 / 0.73 ratio110% standard$781 / 0.90 ratio
1 BR0.79
1 BR- 61430
0.79ratio
FMR$720
Market$910
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$648 / 0.71 ratio110% standard$792 / 0.87 ratio
2 BR0.95
2 BR- 61430
0.95ratio
FMR$940
Market$990
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$846 / 0.85 ratio110% standard$1,034 / 1.04 ratio
3 BR1.09
3 BR- 61430
1.09ratio
FMR$1,230
Market$1,130
vs market+$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,107 / 0.98 ratio110% standard$1,353 / 1.20 ratio
4 BR1.08
4 BR- 61430
1.08ratio
FMR$1,240
Market$1,150
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,116 / 0.97 ratio110% standard$1,364 / 1.19 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 GALESBURG, 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
EAST GALESBURG, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for EAST GALESBURG, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $940 and the 4 bedroom fair market rent is $1,240.
Use this page for searches like EAST GALESBURG, IL FMR, EAST GALESBURG, IL fair market rent, and EAST GALESBURG, 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 | $710 |
| 1 bedroom | $720 |
| 2 bedroom | $940 |
| 3 bedroom | $1,230 |
| 4 bedroom | $1,240 |