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
$204,077
Cost breakdown
+Likely effective rent$1,790
HUD FMR$1,720
Market rent$1,830
Est. payment standard (104%)Used$1,790
Estimated payment standard is $1,790 (104% of FMR).
-Principal and interest-$1,032
Loan amount$163,261
Down payment$40,815
Rate6.50%
Term30 years
-Operating costs-$558
Property taxes-$204
Insurance-$175
Utilities$0
HOA$0
Management-$179
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,741(70.4% ROI)
Projected value
$219,768
Current value$204,077
Return breakdown
Property appreciation+$15,692
Loan principal paid down+$5,849
Rental cash flow+$7,200
5-year hold
+$49,248(120.7% ROI)
Projected value
$230,894
Current value$204,077
Return breakdown
Property appreciation+$26,817
Loan principal paid down+$10,431
Rental cash flow+$12,000
10-year hold
+$106,013(259.7% ROI)
Projected value
$261,236
Current value$204,077
Return breakdown
Property appreciation+$57,159
Loan principal paid down+$24,855
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.
Studio1.01
Studio
1.01ratio
FMR$1,430
Market$1,410
vs market+$20
FMR is near market; voucher and private rents are aligned.
90% standard$1,287 / 0.91 ratio110% standard$1,573 / 1.12 ratio
1 BR0.99
1 BR
0.99ratio
FMR$1,530
Market$1,550
vs market-$20
FMR is near market; voucher and private rents are aligned.
90% standard$1,377 / 0.89 ratio110% standard$1,683 / 1.09 ratio
2 BR0.94
2 BR
0.94ratio
FMR$1,720
Market$1,830
vs market-$110
FMR is near market; voucher and private rents are aligned.
90% standard$1,548 / 0.85 ratio110% standard$1,892 / 1.03 ratio
3 BR1.08
3 BR
1.08ratio
FMR$2,210
Market$2,050
vs market+$160
FMR is near market; voucher and private rents are aligned.
90% standard$1,989 / 0.97 ratio110% standard$2,431 / 1.19 ratio
4 BR1.10
4 BR
1.10ratio
FMR$2,560
Market$2,320
vs market+$240
FMR is above market; underwrite to market rent.
90% standard$2,304 / 0.99 ratio110% standard$2,816 / 1.21 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 60039 (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.
60039 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60039 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,720 and the 4 bedroom fair market rent is $2,560.
Use this page for searches like 60039 FMR, 60039 fair market rent, and 60039 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 | $1,430 |
| 1 bedroom | $1,530 |
| 2 bedroom | $1,720 |
| 3 bedroom | $2,210 |
| 4 bedroom | $2,560 |