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
$193,675
Cost breakdown
+Likely effective rent$1,720
HUD FMR$1,560
Market rent$2,370
Est. payment standard (110%)Used$1,720
Estimated payment standard is $1,720 (110% of FMR).
-Principal and interest-$979
Loan amount$154,940
Down payment$38,735
Rate6.50%
Term30 years
-Operating costs-$541
Property taxes-$194
Insurance-$175
Utilities$0
HOA$0
Management-$172
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,643(71.4% ROI)
Projected value
$208,567
Current value$193,675
Return breakdown
Property appreciation+$14,892
Loan principal paid down+$5,551
Rental cash flow+$7,200
5-year hold
+$47,350(122.2% ROI)
Projected value
$219,125
Current value$193,675
Return breakdown
Property appreciation+$25,450
Loan principal paid down+$9,899
Rental cash flow+$12,000
10-year hold
+$101,833(262.9% ROI)
Projected value
$247,920
Current value$193,675
Return breakdown
Property appreciation+$54,245
Loan principal paid down+$23,588
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.
Studio0.83
Studio
0.83ratio
FMR$1,300
Market$1,560
vs market-$260
FMR is below market; voucher rent may lag private rents.
90% standard$1,170 / 0.75 ratio110% standard$1,430 / 0.92 ratio
1 BR0.91
1 BR
0.91ratio
FMR$1,380
Market$1,510
vs market-$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,242 / 0.82 ratio110% standard$1,518 / 1.01 ratio
2 BR0.66
2 BR
0.66ratio
FMR$1,560
Market$2,370
vs market-$810
FMR is below market; voucher rent may lag private rents.
90% standard$1,404 / 0.59 ratio110% standard$1,716 / 0.72 ratio
3 BR0.72
3 BR
0.72ratio
FMR$2,010
Market$2,800
vs market-$790
FMR is below market; voucher rent may lag private rents.
90% standard$1,809 / 0.65 ratio110% standard$2,211 / 0.79 ratio
4 BR0.61
4 BR
0.61ratio
FMR$2,320
Market$3,790
vs market-$1,470
FMR is below market; voucher rent may lag private rents.
90% standard$2,088 / 0.55 ratio110% standard$2,552 / 0.67 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 60714 (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.
60714 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 60714 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,560 and the 4 bedroom fair market rent is $2,320.
Use this page for searches like 60714 FMR, 60714 fair market rent, and 60714 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 | $1,300 |
| 1 bedroom | $1,380 |
| 2 bedroom | $1,560 |
| 3 bedroom | $2,010 |
| 4 bedroom | $2,320 |