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
$183,273
Cost breakdown
+Likely effective rent$1,650
HUD FMR$1,500
Market rent$1,990
Est. payment standard (110%)Used$1,650
Estimated payment standard is $1,650 (110% of FMR).
-Principal and interest-$927
Loan amount$146,618
Down payment$36,655
Rate6.50%
Term30 years
-Operating costs-$523
Property taxes-$183
Insurance-$175
Utilities$0
HOA$0
Management-$165
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$26,545(72.4% ROI)
Projected value
$197,365
Current value$183,273
Return breakdown
Property appreciation+$14,092
Loan principal paid down+$5,253
Rental cash flow+$7,200
5-year hold
+$45,451(124.0% ROI)
Projected value
$207,356
Current value$183,273
Return breakdown
Property appreciation+$24,084
Loan principal paid down+$9,367
Rental cash flow+$12,000
10-year hold
+$97,653(266.4% ROI)
Projected value
$234,605
Current value$183,273
Return breakdown
Property appreciation+$51,332
Loan principal paid down+$22,321
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.
Studio1.14
Studio
1.14ratio
FMR$1,250
Market$1,100
vs market+$150
FMR is above market; underwrite to market rent.
90% standard$1,125 / 1.02 ratio110% standard$1,375 / 1.25 ratio
1 BR1.12
1 BR
1.12ratio
FMR$1,330
Market$1,190
vs market+$140
FMR is above market; underwrite to market rent.
90% standard$1,197 / 1.01 ratio110% standard$1,463 / 1.23 ratio
2 BR0.75
2 BR
0.75ratio
FMR$1,500
Market$1,990
vs market-$490
FMR is below market; voucher rent may lag private rents.
90% standard$1,350 / 0.68 ratio110% standard$1,650 / 0.83 ratio
3 BR0.85
3 BR
0.85ratio
FMR$1,930
Market$2,260
vs market-$330
FMR is below market; voucher rent may lag private rents.
90% standard$1,737 / 0.77 ratio110% standard$2,123 / 0.94 ratio
4 BR0.78
4 BR
0.78ratio
FMR$2,230
Market$2,870
vs market-$640
FMR is below market; voucher rent may lag private rents.
90% standard$2,007 / 0.70 ratio110% standard$2,453 / 0.85 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 60449 (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.
60449 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60449 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,500 and the 4 bedroom fair market rent is $2,230.
Use this page for searches like 60449 FMR, 60449 fair market rent, and 60449 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 | $1,250 |
| 1 bedroom | $1,330 |
| 2 bedroom | $1,500 |
| 3 bedroom | $1,930 |
| 4 bedroom | $2,230 |