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
$330,386
Cost breakdown
+Likely effective rent$2,640
HUD FMR$2,640
Market rent$2,640
Est. payment standard (100%)Used$2,640
Estimated payment standard is $2,640 (100% of FMR).
-Principal and interest-$1,671
Loan amount$264,309
Down payment$66,077
Rate6.50%
Term30 years
-Operating costs-$769
Property taxes-$330
Insurance-$175
Utilities$0
HOA$0
Management-$264
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$42,073(63.7% ROI)
Projected value
$355,790
Current value$330,386
Return breakdown
Property appreciation+$25,404
Loan principal paid down+$9,470
Rental cash flow+$7,200
5-year hold
+$72,302(109.4% ROI)
Projected value
$373,802
Current value$330,386
Return breakdown
Property appreciation+$43,415
Loan principal paid down+$16,887
Rental cash flow+$12,000
10-year hold
+$156,774(237.3% ROI)
Projected value
$422,923
Current value$330,386
Return breakdown
Property appreciation+$92,536
Loan principal paid down+$40,238
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.
Studio1.55
Studio
1.55ratio
FMR$2,190
Market$1,410
vs market+$780
FMR is above market; underwrite to market rent.
90% standard$1,971 / 1.40 ratio110% standard$2,409 / 1.71 ratio
1 BR1.05
1 BR
1.05ratio
FMR$2,340
Market$2,230
vs market+$110
FMR is near market; voucher and private rents are aligned.
90% standard$2,106 / 0.94 ratio110% standard$2,574 / 1.15 ratio
2 BR1.00
2 BR
1.00ratio
FMR$2,640
Market$2,640
vs market+$0
FMR is near market; voucher and private rents are aligned.
90% standard$2,376 / 0.90 ratio110% standard$2,904 / 1.10 ratio
3 BR1.07
3 BR
1.07ratio
FMR$3,400
Market$3,190
vs market+$210
FMR is near market; voucher and private rents are aligned.
90% standard$3,060 / 0.96 ratio110% standard$3,740 / 1.17 ratio
4 BR1.05
4 BR
1.05ratio
FMR$3,930
Market$3,750
vs market+$180
FMR is near market; voucher and private rents are aligned.
90% standard$3,537 / 0.94 ratio110% standard$4,323 / 1.15 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents for larger 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 60613 (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.
60613 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60613 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,640 and the 4 bedroom fair market rent is $3,930.
Use this page for searches like 60613 FMR, 60613 fair market rent, and 60613 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 | $2,190 |
| 1 bedroom | $2,340 |
| 2 bedroom | $2,640 |
| 3 bedroom | $3,400 |
| 4 bedroom | $3,930 |