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
$201,105
Cost breakdown
+Likely effective rent$1,770
HUD FMR$1,650
Market rent$1,840
Est. payment standard (107%)Used$1,770
Estimated payment standard is $1,770 (107% of FMR).
-Principal and interest-$1,017
Loan amount$160,884
Down payment$40,221
Rate6.50%
Term30 years
-Operating costs-$553
Property taxes-$201
Insurance-$175
Utilities$0
HOA$0
Management-$177
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,427(70.7% ROI)
Projected value
$216,568
Current value$201,105
Return breakdown
Property appreciation+$15,463
Loan principal paid down+$5,764
Rental cash flow+$7,200
5-year hold
+$48,706(121.1% ROI)
Projected value
$227,532
Current value$201,105
Return breakdown
Property appreciation+$26,427
Loan principal paid down+$10,279
Rental cash flow+$12,000
10-year hold
+$104,819(260.6% ROI)
Projected value
$257,431
Current value$201,105
Return breakdown
Property appreciation+$56,326
Loan principal paid down+$24,493
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.
Studio0.96
Studio- 60020
0.96ratio
FMR$1,370
Market$1,420
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,233 / 0.87 ratio110% standard$1,507 / 1.06 ratio
1 BR0.89
1 BR- 60020
0.89ratio
FMR$1,460
Market$1,640
vs market-$180
FMR is below market; voucher rent may lag private rents.
90% standard$1,314 / 0.80 ratio110% standard$1,606 / 0.98 ratio
2 BR0.90
2 BR- 60020
0.90ratio
FMR$1,650
Market$1,840
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,485 / 0.81 ratio110% standard$1,815 / 0.99 ratio
3 BR0.89
3 BR- 60020
0.89ratio
FMR$2,120
Market$2,370
vs market-$250
FMR is below market; voucher rent may lag private rents.
90% standard$1,908 / 0.81 ratio110% standard$2,332 / 0.98 ratio
4 BR0.91
4 BR- 60020
0.91ratio
FMR$2,460
Market$2,700
vs market-$240
FMR is near market; voucher and private rents are aligned.
90% standard$2,214 / 0.82 ratio110% standard$2,706 / 1.00 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 FOX LAKE, 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
FOX LAKE, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for FOX LAKE, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,650 and the 4 bedroom fair market rent is $2,460.
Use this page for searches like FOX LAKE, IL FMR, FOX LAKE, IL fair market rent, and FOX LAKE, 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 | $1,370 |
| 1 bedroom | $1,460 |
| 2 bedroom | $1,650 |
| 3 bedroom | $2,120 |
| 4 bedroom | $2,460 |