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
$158,011
Cost breakdown
+Likely effective rent$1,480
HUD FMR$1,510
Market rentUsed$1,480
Est. payment standard (99%)$1,490
Market rent is below the inferred standard ($1,490, 99% of FMR).
-Principal and interest-$799
Loan amount$126,409
Down payment$31,602
Rate6.50%
Term30 years
-Operating costs-$481
Property taxes-$158
Insurance-$175
Utilities$0
HOA$0
Management-$148
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$23,878(75.6% ROI)
Projected value
$170,160
Current value$158,011
Return breakdown
Property appreciation+$12,150
Loan principal paid down+$4,529
Rental cash flow+$7,200
5-year hold
+$40,840(129.2% ROI)
Projected value
$178,775
Current value$158,011
Return breakdown
Property appreciation+$20,764
Loan principal paid down+$8,076
Rental cash flow+$12,000
10-year hold
+$87,501(276.9% ROI)
Projected value
$202,267
Current value$158,011
Return breakdown
Property appreciation+$44,256
Loan principal paid down+$19,244
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.
Studio1.14
Studio
1.14ratio
FMR$1,250
Market$1,100
vs market+$150
FMR is above market; underwrite to market rent.
90% standard$1,125 / 1.02 ratio110% standard$1,375 / 1.25 ratio
1 BR1.02
1 BR
1.02ratio
FMR$1,340
Market$1,310
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$1,206 / 0.92 ratio110% standard$1,474 / 1.13 ratio
2 BR1.02
2 BR
1.02ratio
FMR$1,510
Market$1,480
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$1,359 / 0.92 ratio110% standard$1,661 / 1.12 ratio
3 BR0.88
3 BR
0.88ratio
FMR$1,940
Market$2,200
vs market-$260
FMR is below market; voucher rent may lag private rents.
90% standard$1,746 / 0.79 ratio110% standard$2,134 / 0.97 ratio
4 BR0.79
4 BR
0.79ratio
FMR$2,250
Market$2,860
vs market-$610
FMR is below market; voucher rent may lag private rents.
90% standard$2,025 / 0.71 ratio110% standard$2,475 / 0.87 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 60096 (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.
60096 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60096 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,510 and the 4 bedroom fair market rent is $2,250.
Use this page for searches like 60096 FMR, 60096 fair market rent, and 60096 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 | $1,250 |
| 1 bedroom | $1,340 |
| 2 bedroom | $1,510 |
| 3 bedroom | $1,940 |
| 4 bedroom | $2,250 |