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
$256,087
Cost breakdown
+Likely effective rent$2,140
HUD FMR$1,960
Market rent$2,230
Est. payment standard (109%)Used$2,140
Estimated payment standard is $2,140 (109% of FMR).
-Principal and interest-$1,295
Loan amount$204,869
Down payment$51,217
Rate6.50%
Term30 years
-Operating costs-$645
Property taxes-$256
Insurance-$175
Utilities$0
HOA$0
Management-$214
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,231(66.8% ROI)
Projected value
$275,777
Current value$256,087
Return breakdown
Property appreciation+$19,691
Loan principal paid down+$7,340
Rental cash flow+$7,200
5-year hold
+$58,741(114.7% ROI)
Projected value
$289,739
Current value$256,087
Return breakdown
Property appreciation+$33,652
Loan principal paid down+$13,089
Rental cash flow+$12,000
10-year hold
+$126,915(247.8% ROI)
Projected value
$327,813
Current value$256,087
Return breakdown
Property appreciation+$71,726
Loan principal paid down+$31,189
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.
Studio0.92
Studio- 60090
0.92ratio
FMR$1,630
Market$1,780
vs market-$150
FMR is near market; voucher and private rents are aligned.
90% standard$1,467 / 0.82 ratio110% standard$1,793 / 1.01 ratio
1 BR0.92
1 BR- 60090
0.92ratio
FMR$1,740
Market$1,900
vs market-$160
FMR is near market; voucher and private rents are aligned.
90% standard$1,566 / 0.82 ratio110% standard$1,914 / 1.01 ratio
2 BR0.88
2 BR- 60090
0.88ratio
FMR$1,960
Market$2,230
vs market-$270
FMR is below market; voucher rent may lag private rents.
90% standard$1,764 / 0.79 ratio110% standard$2,156 / 0.97 ratio
3 BR0.89
3 BR- 60090
0.89ratio
FMR$2,520
Market$2,830
vs market-$310
FMR is below market; voucher rent may lag private rents.
90% standard$2,268 / 0.80 ratio110% standard$2,772 / 0.98 ratio
4 BR0.96
4 BR- 60090
0.96ratio
FMR$2,920
Market$3,040
vs market-$120
FMR is near market; voucher and private rents are aligned.
90% standard$2,628 / 0.86 ratio110% standard$3,212 / 1.06 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 WHEELING, 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
WHEELING, IL fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for WHEELING, IL shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,960 and the 4 bedroom fair market rent is $2,920.
Use this page for searches like WHEELING, IL FMR, WHEELING, IL fair market rent, and WHEELING, 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 | $1,630 |
| 1 bedroom | $1,740 |
| 2 bedroom | $1,960 |
| 3 bedroom | $2,520 |
| 4 bedroom | $2,920 |