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
$253,115
Cost breakdown
+Likely effective rent$2,120
HUD FMR$2,170
Market rentUsed$2,120
Est. payment standard (99%)$2,140
Market rent is below the inferred standard ($2,140, 99% of FMR).
-Principal and interest-$1,280
Loan amount$202,492
Down payment$50,623
Rate6.50%
Term30 years
-Operating costs-$640
Property taxes-$253
Insurance-$175
Utilities$0
HOA$0
Management-$212
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$33,917(67.0% ROI)
Projected value
$272,577
Current value$253,115
Return breakdown
Property appreciation+$19,462
Loan principal paid down+$7,255
Rental cash flow+$7,200
5-year hold
+$58,199(115.0% ROI)
Projected value
$286,376
Current value$253,115
Return breakdown
Property appreciation+$33,261
Loan principal paid down+$12,937
Rental cash flow+$12,000
10-year hold
+$125,721(248.3% ROI)
Projected value
$324,008
Current value$253,115
Return breakdown
Property appreciation+$70,893
Loan principal paid down+$30,827
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$1,800
Market$1,850
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,620 / 0.88 ratio110% standard$1,980 / 1.07 ratio
1 BR1.09
1 BR
1.09ratio
FMR$1,930
Market$1,770
vs market+$160
FMR is near market; voucher and private rents are aligned.
90% standard$1,737 / 0.98 ratio110% standard$2,123 / 1.20 ratio
2 BR1.02
2 BR
1.02ratio
FMR$2,170
Market$2,120
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,953 / 0.92 ratio110% standard$2,387 / 1.13 ratio
3 BR0.90
3 BR
0.90ratio
FMR$2,790
Market$3,100
vs market-$310
FMR is near market; voucher and private rents are aligned.
90% standard$2,511 / 0.81 ratio110% standard$3,069 / 0.99 ratio
4 BR0.85
4 BR
0.85ratio
FMR$3,230
Market$3,820
vs market-$590
FMR is below market; voucher rent may lag private rents.
90% standard$2,907 / 0.76 ratio110% standard$3,553 / 0.93 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 60174 (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.
60174 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60174 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,170 and the 4 bedroom fair market rent is $3,230.
Use this page for searches like 60174 FMR, 60174 fair market rent, and 60174 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 | $1,800 |
| 1 bedroom | $1,930 |
| 2 bedroom | $2,170 |
| 3 bedroom | $2,790 |
| 4 bedroom | $3,230 |