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
$256,087
Cost breakdown
+Likely effective rent$2,140
HUD FMR$2,000
Market rent$2,210
Est. payment standard (107%)Used$2,140
Estimated payment standard is $2,140 (107% of FMR).
-Principal and interest-$1,295
Loan amount$204,869
Down payment$51,217
Rate6.50%
Term30 years
-Operating costs-$645
Property taxes-$256
Insurance-$175
Utilities$0
HOA$0
Management-$214
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,231(66.8% ROI)
Projected value
$275,777
Current value$256,087
Return breakdown
Property appreciation+$19,691
Loan principal paid down+$7,340
Rental cash flow+$7,200
5-year hold
+$58,741(114.7% ROI)
Projected value
$289,739
Current value$256,087
Return breakdown
Property appreciation+$33,652
Loan principal paid down+$13,089
Rental cash flow+$12,000
10-year hold
+$126,915(247.8% ROI)
Projected value
$327,813
Current value$256,087
Return breakdown
Property appreciation+$71,726
Loan principal paid down+$31,189
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.
Studio0.93
Studio
0.93ratio
FMR$1,660
Market$1,780
vs market-$120
FMR is near market; voucher and private rents are aligned.
90% standard$1,494 / 0.84 ratio110% standard$1,826 / 1.03 ratio
1 BR0.92
1 BR
0.92ratio
FMR$1,780
Market$1,930
vs market-$150
FMR is near market; voucher and private rents are aligned.
90% standard$1,602 / 0.83 ratio110% standard$1,958 / 1.01 ratio
2 BR0.90
2 BR
0.90ratio
FMR$2,000
Market$2,210
vs market-$210
FMR is near market; voucher and private rents are aligned.
90% standard$1,800 / 0.81 ratio110% standard$2,200 / 1.00 ratio
3 BR1.00
3 BR
1.00ratio
FMR$2,580
Market$2,570
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$2,322 / 0.90 ratio110% standard$2,838 / 1.10 ratio
4 BR0.98
4 BR
0.98ratio
FMR$2,980
Market$3,040
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$2,682 / 0.88 ratio110% standard$3,278 / 1.08 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 60172 (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.
60172 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60172 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,000 and the 4 bedroom fair market rent is $2,980.
Use this page for searches like 60172 FMR, 60172 fair market rent, and 60172 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 | $1,660 |
| 1 bedroom | $1,780 |
| 2 bedroom | $2,000 |
| 3 bedroom | $2,580 |
| 4 bedroom | $2,980 |