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
$229,339
Cost breakdown
+Likely effective rent$1,960
HUD FMR$2,090
Market rentUsed$1,960
Est. payment standard (96%)$2,010
Market rent is below the inferred standard ($2,010, 96% of FMR).
-Principal and interest-$1,160
Loan amount$183,471
Down payment$45,868
Rate6.50%
Term30 years
-Operating costs-$600
Property taxes-$229
Insurance-$175
Utilities$0
HOA$0
Management-$196
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$31,407(68.5% ROI)
Projected value
$246,973
Current value$229,339
Return breakdown
Property appreciation+$17,634
Loan principal paid down+$6,573
Rental cash flow+$7,200
5-year hold
+$53,859(117.4% ROI)
Projected value
$259,476
Current value$229,339
Return breakdown
Property appreciation+$30,137
Loan principal paid down+$11,722
Rental cash flow+$12,000
10-year hold
+$116,166(253.3% ROI)
Projected value
$293,573
Current value$229,339
Return breakdown
Property appreciation+$64,234
Loan principal paid down+$27,931
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.
Studio1.10
Studio- 60428
1.10ratio
FMR$1,740
Market$1,580
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,566 / 0.99 ratio110% standard$1,914 / 1.21 ratio
1 BR1.17
1 BR- 60428
1.17ratio
FMR$1,860
Market$1,590
vs market+$270
FMR is above market; underwrite to market rent.
90% standard$1,674 / 1.05 ratio110% standard$2,046 / 1.29 ratio
2 BR1.07
2 BR- 60428
1.07ratio
FMR$2,090
Market$1,960
vs market+$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,881 / 0.96 ratio110% standard$2,299 / 1.17 ratio
3 BR1.09
3 BR- 60428
1.09ratio
FMR$2,690
Market$2,460
vs market+$230
FMR is near market; voucher and private rents are aligned.
90% standard$2,421 / 0.98 ratio110% standard$2,959 / 1.20 ratio
4 BR1.08
4 BR- 60428
1.08ratio
FMR$3,110
Market$2,870
vs market+$240
FMR is near market; voucher and private rents are aligned.
90% standard$2,799 / 0.98 ratio110% standard$3,421 / 1.19 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 MARKHAM, 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
MARKHAM, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MARKHAM, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,090 and the 4 bedroom fair market rent is $3,110.
Use this page for searches like MARKHAM, IL FMR, MARKHAM, IL fair market rent, and MARKHAM, 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 | $1,740 |
| 1 bedroom | $1,860 |
| 2 bedroom | $2,090 |
| 3 bedroom | $2,690 |
| 4 bedroom | $3,110 |