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
$306,610
Cost breakdown
+Likely effective rent$2,480
HUD FMR$2,450
Market rent$2,490
Est. payment standard (101%)Used$2,480
Estimated payment standard is $2,480 (101% of FMR).
-Principal and interest-$1,550
Loan amount$245,288
Down payment$61,322
Rate6.50%
Term30 years
-Operating costs-$730
Property taxes-$307
Insurance-$175
Utilities$0
HOA$0
Management-$248
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$39,564(64.5% ROI)
Projected value
$330,186
Current value$306,610
Return breakdown
Property appreciation+$23,575
Loan principal paid down+$8,788
Rental cash flow+$7,200
5-year hold
+$67,963(110.8% ROI)
Projected value
$346,902
Current value$306,610
Return breakdown
Property appreciation+$40,291
Loan principal paid down+$15,672
Rental cash flow+$12,000
10-year hold
+$147,219(240.1% ROI)
Projected value
$392,487
Current value$306,610
Return breakdown
Property appreciation+$85,877
Loan principal paid down+$37,342
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.
Studio1.27
Studio
1.27ratio
FMR$2,040
Market$1,600
vs market+$440
FMR is above market; underwrite to market rent.
90% standard$1,836 / 1.15 ratio110% standard$2,244 / 1.40 ratio
1 BR1.03
1 BR
1.03ratio
FMR$2,170
Market$2,110
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,953 / 0.93 ratio110% standard$2,387 / 1.13 ratio
2 BR0.98
2 BR
0.98ratio
FMR$2,450
Market$2,490
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$2,205 / 0.89 ratio110% standard$2,695 / 1.08 ratio
3 BR0.83
3 BR
0.83ratio
FMR$3,160
Market$3,800
vs market-$640
FMR is below market; voucher rent may lag private rents.
90% standard$2,844 / 0.75 ratio110% standard$3,476 / 0.91 ratio
4 BR0.74
4 BR
0.74ratio
FMR$3,650
Market$4,920
vs market-$1,270
FMR is below market; voucher rent may lag private rents.
90% standard$3,285 / 0.67 ratio110% standard$4,015 / 0.82 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 60521 (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.
60521 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60521 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,450 and the 4 bedroom fair market rent is $3,650.
Use this page for searches like 60521 FMR, 60521 fair market rent, and 60521 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 | $2,040 |
| 1 bedroom | $2,170 |
| 2 bedroom | $2,450 |
| 3 bedroom | $3,160 |
| 4 bedroom | $3,650 |