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
$259,059
Cost breakdown
+Likely effective rent$2,160
HUD FMR$2,030
Market rent$2,230
Est. payment standard (106%)Used$2,160
Estimated payment standard is $2,160 (106% of FMR).
-Principal and interest-$1,310
Loan amount$207,247
Down payment$51,812
Rate6.50%
Term30 years
-Operating costs-$650
Property taxes-$259
Insurance-$175
Utilities$0
HOA$0
Management-$216
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,544(66.7% ROI)
Projected value
$278,978
Current value$259,059
Return breakdown
Property appreciation+$19,919
Loan principal paid down+$7,425
Rental cash flow+$7,200
5-year hold
+$59,283(114.4% ROI)
Projected value
$293,101
Current value$259,059
Return breakdown
Property appreciation+$34,042
Loan principal paid down+$13,241
Rental cash flow+$12,000
10-year hold
+$128,109(247.3% ROI)
Projected value
$331,617
Current value$259,059
Return breakdown
Property appreciation+$72,558
Loan principal paid down+$31,551
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.
Studio0.97
Studio
0.97ratio
FMR$1,690
Market$1,750
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,521 / 0.87 ratio110% standard$1,859 / 1.06 ratio
1 BR1.00
1 BR
1.00ratio
FMR$1,800
Market$1,800
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$1,620 / 0.90 ratio110% standard$1,980 / 1.10 ratio
2 BR0.91
2 BR
0.91ratio
FMR$2,030
Market$2,230
vs market-$200
FMR is near market; voucher and private rents are aligned.
90% standard$1,827 / 0.82 ratio110% standard$2,233 / 1.00 ratio
3 BR0.96
3 BR
0.96ratio
FMR$2,610
Market$2,710
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$2,349 / 0.87 ratio110% standard$2,871 / 1.06 ratio
4 BR0.95
4 BR
0.95ratio
FMR$3,020
Market$3,190
vs market-$170
FMR is near market; voucher and private rents are aligned.
90% standard$2,718 / 0.85 ratio110% standard$3,322 / 1.04 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are well-aligned with market rents across all bedroom 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 60108 (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.
60108 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60108 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,030 and the 4 bedroom fair market rent is $3,020.
Use this page for searches like 60108 FMR, 60108 fair market rent, and 60108 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 | $1,690 |
| 1 bedroom | $1,800 |
| 2 bedroom | $2,030 |
| 3 bedroom | $2,610 |
| 4 bedroom | $3,020 |