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
$325,928
Cost breakdown
+Likely effective rent$2,610
HUD FMR$2,370
Market rent$3,690
Est. payment standard (110%)Used$2,610
Estimated payment standard is $2,610 (110% of FMR).
-Principal and interest-$1,648
Loan amount$260,743
Down payment$65,186
Rate6.50%
Term30 years
-Operating costs-$762
Property taxes-$326
Insurance-$175
Utilities$0
HOA$0
Management-$261
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$41,603(63.8% ROI)
Projected value
$350,989
Current value$325,928
Return breakdown
Property appreciation+$25,061
Loan principal paid down+$9,342
Rental cash flow+$7,200
5-year hold
+$71,489(109.7% ROI)
Projected value
$368,758
Current value$325,928
Return breakdown
Property appreciation+$42,830
Loan principal paid down+$16,659
Rental cash flow+$12,000
10-year hold
+$154,983(237.8% ROI)
Projected value
$417,216
Current value$325,928
Return breakdown
Property appreciation+$91,288
Loan principal paid down+$39,695
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.
Studio0.71
Studio
0.71ratio
FMR$1,970
Market$2,760
vs market-$790
FMR is below market; voucher rent may lag private rents.
90% standard$1,773 / 0.64 ratio110% standard$2,167 / 0.79 ratio
1 BR0.70
1 BR
0.70ratio
FMR$2,100
Market$3,000
vs market-$900
FMR is below market; voucher rent may lag private rents.
90% standard$1,890 / 0.63 ratio110% standard$2,310 / 0.77 ratio
2 BR0.64
2 BR
0.64ratio
FMR$2,370
Market$3,690
vs market-$1,320
FMR is below market; voucher rent may lag private rents.
90% standard$2,133 / 0.58 ratio110% standard$2,607 / 0.71 ratio
3 BR0.75
3 BR
0.75ratio
FMR$3,050
Market$4,060
vs market-$1,010
FMR is below market; voucher rent may lag private rents.
90% standard$2,745 / 0.68 ratio110% standard$3,355 / 0.83 ratio
4 BR0.87
4 BR
0.87ratio
FMR$3,530
Market$4,050
vs market-$520
FMR is below market; voucher rent may lag private rents.
90% standard$3,177 / 0.78 ratio110% standard$3,883 / 0.96 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for 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 60208 (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.
60208 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60208 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,370 and the 4 bedroom fair market rent is $3,530.
Use this page for searches like 60208 FMR, 60208 fair market rent, and 60208 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 | $1,970 |
| 1 bedroom | $2,100 |
| 2 bedroom | $2,370 |
| 3 bedroom | $3,050 |
| 4 bedroom | $3,530 |