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
$94,113
Cost breakdown
+Likely effective rent$1,050
HUD FMR$1,039
Market rent$1,050
Est. payment standard (101%)Used$1,050
Estimated payment standard is $1,050 (101% of FMR).
-Principal and interest-$476
Loan amount$75,290
Down payment$18,823
Rate6.50%
Term30 years
-Operating costs-$374
Property taxes-$94
Insurance-$175
Utilities$0
HOA$0
Management-$105
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,134(91.0% ROI)
Projected value
$101,349
Current value$94,113
Return breakdown
Property appreciation+$7,236
Loan principal paid down+$2,697
Rental cash flow+$7,200
5-year hold
+$29,178(155.0% ROI)
Projected value
$106,480
Current value$94,113
Return breakdown
Property appreciation+$12,367
Loan principal paid down+$4,810
Rental cash flow+$12,000
10-year hold
+$61,822(328.4% ROI)
Projected value
$120,473
Current value$94,113
Return breakdown
Property appreciation+$26,360
Loan principal paid down+$11,462
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.
Studio1.01
Studio
1.01ratio
FMR$758
Market$750
vs market+$8
FMR is near market; voucher and private rents are aligned.
90% standard$682 / 0.91 ratio110% standard$834 / 1.11 ratio
1 BR1.01
1 BR
1.01ratio
FMR$818
Market$810
vs market+$8
FMR is near market; voucher and private rents are aligned.
90% standard$736 / 0.91 ratio110% standard$900 / 1.11 ratio
2 BR0.99
2 BR
0.99ratio
FMR$1,039
Market$1,050
vs market-$11
FMR is near market; voucher and private rents are aligned.
90% standard$935 / 0.89 ratio110% standard$1,143 / 1.09 ratio
3 BR1.16
3 BR
1.16ratio
FMR$1,346
Market$1,160
vs market+$186
FMR is above market; underwrite to market rent.
90% standard$1,211 / 1.04 ratio110% standard$1,481 / 1.28 ratio
4 BR1.26
4 BR
1.26ratio
FMR$1,449
Market$1,150
vs market+$299
FMR is above market; underwrite to market rent.
90% standard$1,304 / 1.13 ratio110% standard$1,594 / 1.39 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 61558 (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 FMR 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.
61558 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 61558 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,039 and the 4 bedroom fair market rent is $1,449.
Use this page for searches like 61558 FMR, 61558 fair market rent, and 61558 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 | $758 |
| 1 bedroom | $818 |
| 2 bedroom | $1,039 |
| 3 bedroom | $1,346 |
| 4 bedroom | $1,449 |