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
$247,171
Cost breakdown
+Likely effective rent$2,080
HUD FMR$1,940
Market rent$2,160
Est. payment standard (107%)Used$2,080
Estimated payment standard is $2,080 (107% of FMR).
-Principal and interest-$1,250
Loan amount$197,737
Down payment$49,434
Rate6.50%
Term30 years
-Operating costs-$630
Property taxes-$247
Insurance-$175
Utilities$0
HOA$0
Management-$208
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$33,290(67.3% ROI)
Projected value
$266,176
Current value$247,171
Return breakdown
Property appreciation+$19,005
Loan principal paid down+$7,084
Rental cash flow+$7,200
5-year hold
+$57,114(115.5% ROI)
Projected value
$279,651
Current value$247,171
Return breakdown
Property appreciation+$32,480
Loan principal paid down+$12,633
Rental cash flow+$12,000
10-year hold
+$123,332(249.5% ROI)
Projected value
$316,399
Current value$247,171
Return breakdown
Property appreciation+$69,229
Loan principal paid down+$30,103
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.
Studio1.05
Studio
1.05ratio
FMR$1,610
Market$1,530
vs market+$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,449 / 0.95 ratio110% standard$1,771 / 1.16 ratio
1 BR1.04
1 BR
1.04ratio
FMR$1,720
Market$1,660
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,548 / 0.93 ratio110% standard$1,892 / 1.14 ratio
2 BR0.90
2 BR
0.90ratio
FMR$1,940
Market$2,160
vs market-$220
FMR is below market; voucher rent may lag private rents.
90% standard$1,746 / 0.81 ratio110% standard$2,134 / 0.99 ratio
3 BR1.03
3 BR
1.03ratio
FMR$2,500
Market$2,420
vs market+$80
FMR is near market; voucher and private rents are aligned.
90% standard$2,250 / 0.93 ratio110% standard$2,750 / 1.14 ratio
4 BR1.02
4 BR
1.02ratio
FMR$2,890
Market$2,820
vs market+$70
FMR is near market; voucher and private rents are aligned.
90% standard$2,601 / 0.92 ratio110% standard$3,179 / 1.13 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 60013 (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.
60013 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60013 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,940 and the 4 bedroom fair market rent is $2,890.
Use this page for searches like 60013 FMR, 60013 fair market rent, and 60013 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 | $1,610 |
| 1 bedroom | $1,720 |
| 2 bedroom | $1,940 |
| 3 bedroom | $2,500 |
| 4 bedroom | $2,890 |