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
$160,983
Cost breakdown
+Likely effective rent$1,500
HUD FMR$1,781
Market rentUsed$1,500
Est. payment standard (90%)$1,600
Market rent is below the inferred standard ($1,600, 90% of FMR).
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Current value$160,983
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Current value$160,983
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Current value$160,983
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
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.
Studio1.18
Studio
1.18ratio
FMR$1,480
Market$1,250
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,332 / 1.07 ratio110% standard$1,628 / 1.30 ratio
1 BR1.20
1 BR
1.20ratio
FMR$1,581
Market$1,320
vs market+$261
FMR is above market; underwrite to market rent.
90% standard$1,423 / 1.08 ratio110% standard$1,739 / 1.32 ratio
2 BR1.19
2 BR
1.19ratio
FMR$1,781
Market$1,500
vs market+$281
FMR is above market; underwrite to market rent.
90% standard$1,603 / 1.07 ratio110% standard$1,959 / 1.31 ratio
3 BR1.07
3 BR
1.07ratio
FMR$2,294
Market$2,140
vs market+$154
FMR is near market; voucher and private rents are aligned.
90% standard$2,065 / 0.96 ratio110% standard$2,523 / 1.18 ratio
4 BR1.10
4 BR
1.10ratio
FMR$2,653
Market$2,410
vs market+$243
FMR is above market; underwrite to market rent.
90% standard$2,388 / 0.99 ratio110% standard$2,918 / 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 60086 (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 FMR 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.
60086 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 60086 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,781 and the 4 bedroom fair market rent is $2,653.
Use this page for searches like 60086 FMR, 60086 fair market rent, and 60086 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 | $1,480 |
| 1 bedroom | $1,581 |
| 2 bedroom | $1,781 |
| 3 bedroom | $2,294 |
| 4 bedroom | $2,653 |