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
$178,815
Cost breakdown
+Likely effective rent$1,620
HUD FMR$1,700
Market rentUsed$1,620
Est. payment standard (97%)$1,650
Market rent is below the inferred standard ($1,650, 97% of FMR).
-Principal and interest-$904
Loan amount$143,052
Down payment$35,763
Rate6.50%
Term30 years
-Operating costs-$516
Property taxes-$179
Insurance-$175
Utilities$0
HOA$0
Management-$162
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$26,074(72.9% ROI)
Projected value
$192,564
Current value$178,815
Return breakdown
Property appreciation+$13,749
Loan principal paid down+$5,125
Rental cash flow+$7,200
5-year hold
+$44,637(124.8% ROI)
Projected value
$202,313
Current value$178,815
Return breakdown
Property appreciation+$23,498
Loan principal paid down+$9,140
Rental cash flow+$12,000
10-year hold
+$95,861(268.0% ROI)
Projected value
$228,898
Current value$178,815
Return breakdown
Property appreciation+$50,083
Loan principal paid down+$21,778
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio1.04
Studio- 60536
1.04ratio
FMR$1,290
Market$1,240
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,161 / 0.94 ratio110% standard$1,419 / 1.14 ratio
1 BR1.00
1 BR- 60536
1.00ratio
FMR$1,300
Market$1,300
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$1,170 / 0.90 ratio110% standard$1,430 / 1.10 ratio
2 BR1.05
2 BR- 60536
1.05ratio
FMR$1,700
Market$1,620
vs market+$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,530 / 0.94 ratio110% standard$1,870 / 1.15 ratio
3 BR1.36
3 BR- 60536
1.36ratio
FMR$2,380
Market$1,750
vs market+$630
FMR is above market; underwrite to market rent.
90% standard$2,142 / 1.22 ratio110% standard$2,618 / 1.50 ratio
4 BR1.16
4 BR- 60536
1.16ratio
FMR$2,460
Market$2,120
vs market+$340
FMR is above market; underwrite to market rent.
90% standard$2,214 / 1.04 ratio110% standard$2,706 / 1.28 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 MILLBROOK, 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
MILLBROOK, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MILLBROOK, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,700 and the 4 bedroom fair market rent is $2,460.
Use this page for searches like MILLBROOK, IL FMR, MILLBROOK, IL fair market rent, and MILLBROOK, 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 | $1,290 |
| 1 bedroom | $1,300 |
| 2 bedroom | $1,700 |
| 3 bedroom | $2,380 |
| 4 bedroom | $2,460 |