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
$260,545
Cost breakdown
+Likely effective rent$2,170
HUD FMR$2,060
Market rent$2,230
Est. payment standard (105%)Used$2,170
Estimated payment standard is $2,170 (105% of FMR).
-Principal and interest-$1,317
Loan amount$208,436
Down payment$52,109
Rate6.50%
Term30 years
-Operating costs-$653
Property taxes-$261
Insurance-$175
Utilities$0
HOA$0
Management-$217
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$34,701(66.6% ROI)
Projected value
$280,578
Current value$260,545
Return breakdown
Property appreciation+$20,033
Loan principal paid down+$7,468
Rental cash flow+$7,200
5-year hold
+$59,555(114.3% ROI)
Projected value
$294,782
Current value$260,545
Return breakdown
Property appreciation+$34,238
Loan principal paid down+$13,317
Rental cash flow+$12,000
10-year hold
+$128,707(247.0% ROI)
Projected value
$333,519
Current value$260,545
Return breakdown
Property appreciation+$72,975
Loan principal paid down+$31,732
Rental cash flow+$24,000
Rolodex
Upgrade to access AI-powered research tools
UpgradeMarket Alignment
FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.
Studio0.83
Studio
0.83ratio
FMR$1,710
Market$2,050
vs market-$340
FMR is below market; voucher rent may lag private rents.
90% standard$1,539 / 0.75 ratio110% standard$1,881 / 0.92 ratio
1 BR0.85
1 BR
0.85ratio
FMR$1,830
Market$2,160
vs market-$330
FMR is below market; voucher rent may lag private rents.
90% standard$1,647 / 0.76 ratio110% standard$2,013 / 0.93 ratio
2 BR0.92
2 BR
0.92ratio
FMR$2,060
Market$2,230
vs market-$170
FMR is near market; voucher and private rents are aligned.
90% standard$1,854 / 0.83 ratio110% standard$2,266 / 1.02 ratio
3 BR1.07
3 BR
1.07ratio
FMR$2,650
Market$2,470
vs market+$180
FMR is near market; voucher and private rents are aligned.
90% standard$2,385 / 0.97 ratio110% standard$2,915 / 1.18 ratio
4 BR1.18
4 BR
1.18ratio
FMR$3,070
Market$2,610
vs market+$460
FMR is above market; underwrite to market rent.
90% standard$2,763 / 1.06 ratio110% standard$3,377 / 1.29 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 60440 (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.
60440 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60440 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,060 and the 4 bedroom fair market rent is $3,070.
Use this page for searches like 60440 FMR, 60440 fair market rent, and 60440 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 | $1,710 |
| 1 bedroom | $1,830 |
| 2 bedroom | $2,060 |
| 3 bedroom | $2,650 |
| 4 bedroom | $3,070 |