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
$91,141
Cost breakdown
+Likely effective rent$1,030
HUD FMR$1,020
Market rent$1,030
Est. payment standard (101%)Used$1,030
Estimated payment standard is $1,030 (101% of FMR).
-Principal and interest-$461
Loan amount$72,913
Down payment$18,228
Rate6.50%
Term30 years
-Operating costs-$369
Property taxes-$91
Insurance-$175
Utilities$0
HOA$0
Management-$103
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$16,820(92.3% ROI)
Projected value
$98,149
Current value$91,141
Return breakdown
Property appreciation+$7,008
Loan principal paid down+$2,612
Rental cash flow+$7,200
5-year hold
+$28,635(157.1% ROI)
Projected value
$103,118
Current value$91,141
Return breakdown
Property appreciation+$11,977
Loan principal paid down+$4,658
Rental cash flow+$12,000
10-year hold
+$60,627(332.6% ROI)
Projected value
$116,668
Current value$91,141
Return breakdown
Property appreciation+$25,527
Loan principal paid down+$11,100
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.
Studio0.74
Studio- 62959
0.74ratio
FMR$740
Market$1,000
vs market-$260
FMR is below market; voucher rent may lag private rents.
90% standard$666 / 0.67 ratio110% standard$814 / 0.81 ratio
1 BR0.78
1 BR- 62959
0.78ratio
FMR$780
Market$1,000
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$702 / 0.70 ratio110% standard$858 / 0.86 ratio
2 BR0.99
2 BR- 62959
0.99ratio
FMR$1,020
Market$1,030
vs market-$10
FMR is near market; voucher and private rents are aligned.
90% standard$918 / 0.89 ratio110% standard$1,122 / 1.09 ratio
3 BR1.02
3 BR- 62959
1.02ratio
FMR$1,350
Market$1,320
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$1,215 / 0.92 ratio110% standard$1,485 / 1.13 ratio
4 BR0.91
4 BR- 62959
0.91ratio
FMR$1,390
Market$1,530
vs market-$140
FMR is near market; voucher and private rents are aligned.
90% standard$1,251 / 0.82 ratio110% standard$1,529 / 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 MARION, 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
MARION, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MARION, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,020 and the 4 bedroom fair market rent is $1,390.
Use this page for searches like MARION, IL FMR, MARION, IL fair market rent, and MARION, 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 | $740 |
| 1 bedroom | $780 |
| 2 bedroom | $1,020 |
| 3 bedroom | $1,350 |
| 4 bedroom | $1,390 |