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
$68,851
Cost breakdown
+Likely effective rent$880
HUD FMR$970
Market rentUsed$880
Est. payment standard (94%)$910
Market rent is below the inferred standard ($910, 94% of FMR).
-Principal and interest-$348
Loan amount$55,081
Down payment$13,770
Rate6.50%
Term30 years
-Operating costs-$332
Property taxes-$69
Insurance-$175
Utilities$0
HOA$0
Management-$88
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$14,467(105.1% ROI)
Projected value
$74,145
Current value$68,851
Return breakdown
Property appreciation+$5,294
Loan principal paid down+$1,973
Rental cash flow+$7,200
5-year hold
+$24,567(178.4% ROI)
Projected value
$77,899
Current value$68,851
Return breakdown
Property appreciation+$9,048
Loan principal paid down+$3,519
Rental cash flow+$12,000
10-year hold
+$51,670(375.2% ROI)
Projected value
$88,135
Current value$68,851
Return breakdown
Property appreciation+$19,284
Loan principal paid down+$8,385
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.
Studio0.82
Studio
0.82ratio
FMR$670
Market$820
vs market-$150
FMR is below market; voucher rent may lag private rents.
90% standard$603 / 0.74 ratio110% standard$737 / 0.90 ratio
1 BR0.95
1 BR
0.95ratio
FMR$790
Market$830
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$711 / 0.86 ratio110% standard$869 / 1.05 ratio
2 BR1.10
2 BR
1.10ratio
FMR$970
Market$880
vs market+$90
FMR is above market; underwrite to market rent.
90% standard$873 / 0.99 ratio110% standard$1,067 / 1.21 ratio
3 BR1.35
3 BR
1.35ratio
FMR$1,260
Market$930
vs market+$330
FMR is above market; underwrite to market rent.
90% standard$1,134 / 1.22 ratio110% standard$1,386 / 1.49 ratio
4 BR1.42
4 BR
1.42ratio
FMR$1,430
Market$1,010
vs market+$420
FMR is above market; underwrite to market rent.
90% standard$1,287 / 1.27 ratio110% standard$1,573 / 1.56 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 61091 (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.
61091 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 61091 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $970 and the 4 bedroom fair market rent is $1,430.
Use this page for searches like 61091 FMR, 61091 fair market rent, and 61091 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 | $670 |
| 1 bedroom | $790 |
| 2 bedroom | $970 |
| 3 bedroom | $1,260 |
| 4 bedroom | $1,430 |