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
$141,665
Cost breakdown
+Likely effective rent$1,370
HUD FMR$1,310
Market rent$1,400
Est. payment standard (104%)Used$1,370
Estimated payment standard is $1,370 (104% of FMR).
-Principal and interest-$716
Loan amount$113,332
Down payment$28,333
Rate6.50%
Term30 years
-Operating costs-$454
Property taxes-$142
Insurance-$175
Utilities$0
HOA$0
Management-$137
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$22,153(78.2% ROI)
Projected value
$152,558
Current value$141,665
Return breakdown
Property appreciation+$10,893
Loan principal paid down+$4,060
Rental cash flow+$7,200
5-year hold
+$37,857(133.6% ROI)
Projected value
$160,281
Current value$141,665
Return breakdown
Property appreciation+$18,616
Loan principal paid down+$7,241
Rental cash flow+$12,000
10-year hold
+$80,932(285.6% ROI)
Projected value
$181,343
Current value$141,665
Return breakdown
Property appreciation+$39,678
Loan principal paid down+$17,254
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.
Studio0.95
Studio
0.95ratio
FMR$1,090
Market$1,150
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$981 / 0.85 ratio110% standard$1,199 / 1.04 ratio
1 BR0.92
1 BR
0.92ratio
FMR$1,160
Market$1,260
vs market-$100
FMR is near market; voucher and private rents are aligned.
90% standard$1,044 / 0.83 ratio110% standard$1,276 / 1.01 ratio
2 BR0.94
2 BR
0.94ratio
FMR$1,310
Market$1,400
vs market-$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,179 / 0.84 ratio110% standard$1,441 / 1.03 ratio
3 BR0.79
3 BR
0.79ratio
FMR$1,690
Market$2,150
vs market-$460
FMR is below market; voucher rent may lag private rents.
90% standard$1,521 / 0.71 ratio110% standard$1,859 / 0.86 ratio
4 BR0.82
4 BR
0.82ratio
FMR$1,950
Market$2,380
vs market-$430
FMR is below market; voucher rent may lag private rents.
90% standard$1,755 / 0.74 ratio110% standard$2,145 / 0.90 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 60617 (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.
60617 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60617 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,310 and the 4 bedroom fair market rent is $1,950.
Use this page for searches like 60617 FMR, 60617 fair market rent, and 60617 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 | $1,090 |
| 1 bedroom | $1,160 |
| 2 bedroom | $1,310 |
| 3 bedroom | $1,690 |
| 4 bedroom | $1,950 |