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
$45,075
Cost breakdown
+Likely effective rent$720
HUD FMR$1,020
Market rentUsed$720
Est. payment standard (90%)$920
Market rent is below the inferred standard ($920, 90% of FMR).
-Principal and interest-$228
Loan amount$36,060
Down payment$9,015
Rate6.50%
Term30 years
-Operating costs-$292
Property taxes-$45
Insurance-$175
Utilities$0
HOA$0
Management-$72
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$11,958(132.6% ROI)
Projected value
$48,541
Current value$45,075
Return breakdown
Property appreciation+$3,466
Loan principal paid down+$1,292
Rental cash flow+$7,200
5-year hold
+$20,227(224.4% ROI)
Projected value
$50,998
Current value$45,075
Return breakdown
Property appreciation+$5,923
Loan principal paid down+$2,304
Rental cash flow+$12,000
10-year hold
+$42,115(467.2% ROI)
Projected value
$57,700
Current value$45,075
Return breakdown
Property appreciation+$12,625
Loan principal paid down+$5,490
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.
Studio1.12
Studio- 60973
1.12ratio
FMR$770
Market$690
vs market+$80
FMR is above market; underwrite to market rent.
90% standard$693 / 1.00 ratio110% standard$847 / 1.23 ratio
1 BR1.13
1 BR- 60973
1.13ratio
FMR$780
Market$690
vs market+$90
FMR is above market; underwrite to market rent.
90% standard$702 / 1.02 ratio110% standard$858 / 1.24 ratio
2 BR1.42
2 BR- 60973
1.42ratio
FMR$1,020
Market$720
vs market+$300
FMR is above market; underwrite to market rent.
90% standard$918 / 1.28 ratio110% standard$1,122 / 1.56 ratio
3 BR1.64
3 BR- 60973
1.64ratio
FMR$1,260
Market$770
vs market+$490
FMR is above market; underwrite to market rent.
4 BR2.02
4 BR- 60973
2.02ratio
FMR$1,660
Market$820
vs market+$840
FMR is above market; underwrite to market rent.
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across all bedroom 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 WELLINGTON, 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
WELLINGTON, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for WELLINGTON, 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 $1,660.
Use this page for searches like WELLINGTON, IL FMR, WELLINGTON, IL fair market rent, and WELLINGTON, 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 | $770 |
| 1 bedroom | $780 |
| 2 bedroom | $1,020 |
| 3 bedroom | $1,260 |
| 4 bedroom | $1,660 |