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
$97,085
Cost breakdown
+Likely effective rent$1,070
HUD FMR$1,020
Market rent$1,100
Est. payment standard (105%)Used$1,070
Estimated payment standard is $1,070 (105% of FMR).
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Current value$97,085
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Current value$97,085
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Current value$97,085
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
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.
Studio0.71
Studio
0.71ratio
FMR$700
Market$980
vs market-$280
FMR is below market; voucher rent may lag private rents.
90% standard$630 / 0.64 ratio110% standard$770 / 0.79 ratio
1 BR0.80
1 BR
0.80ratio
FMR$780
Market$980
vs market-$200
FMR is below market; voucher rent may lag private rents.
90% standard$702 / 0.72 ratio110% standard$858 / 0.88 ratio
2 BR0.93
2 BR
0.93ratio
FMR$1,020
Market$1,100
vs market-$80
FMR is near market; voucher and private rents are aligned.
90% standard$918 / 0.83 ratio110% standard$1,122 / 1.02 ratio
3 BR1.08
3 BR
1.08ratio
FMR$1,270
Market$1,180
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,143 / 0.97 ratio110% standard$1,397 / 1.18 ratio
4 BR1.05
4 BR
1.05ratio
FMR$1,350
Market$1,290
vs market+$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,215 / 0.94 ratio110% standard$1,485 / 1.15 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 61764 (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.
61764 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 61764 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,020 and the 4 bedroom fair market rent is $1,350.
Use this page for searches like 61764 FMR, 61764 fair market rent, and 61764 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 | $700 |
| 1 bedroom | $780 |
| 2 bedroom | $1,020 |
| 3 bedroom | $1,270 |
| 4 bedroom | $1,350 |