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
$150,581
Cost breakdown
+Likely effective rent$1,430
HUD FMR$1,302
Market rent$1,560
Est. payment standard (110%)Used$1,430
Estimated payment standard is $1,430 (110% of FMR).
-Principal and interest-$761
Loan amount$120,465
Down payment$30,116
Rate6.50%
Term30 years
-Operating costs-$469
Property taxes-$151
Insurance-$175
Utilities$0
HOA$0
Management-$143
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$23,094(76.7% ROI)
Projected value
$162,159
Current value$150,581
Return breakdown
Property appreciation+$11,578
Loan principal paid down+$4,316
Rental cash flow+$7,200
5-year hold
+$39,484(131.1% ROI)
Projected value
$170,368
Current value$150,581
Return breakdown
Property appreciation+$19,788
Loan principal paid down+$7,697
Rental cash flow+$12,000
10-year hold
+$84,515(280.6% ROI)
Projected value
$192,756
Current value$150,581
Return breakdown
Property appreciation+$42,175
Loan principal paid down+$18,339
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.
Studio0.89
Studio
0.89ratio
FMR$927
Market$1,040
vs market-$113
FMR is below market; voucher rent may lag private rents.
90% standard$834 / 0.80 ratio110% standard$1,020 / 0.98 ratio
1 BR0.91
1 BR
0.91ratio
FMR$999
Market$1,100
vs market-$101
FMR is near market; voucher and private rents are aligned.
90% standard$899 / 0.82 ratio110% standard$1,099 / 1.00 ratio
2 BR0.83
2 BR
0.83ratio
FMR$1,302
Market$1,560
vs market-$258
FMR is below market; voucher rent may lag private rents.
90% standard$1,172 / 0.75 ratio110% standard$1,432 / 0.92 ratio
3 BR0.96
3 BR
0.96ratio
FMR$1,717
Market$1,780
vs market-$63
FMR is near market; voucher and private rents are aligned.
90% standard$1,545 / 0.87 ratio110% standard$1,889 / 1.06 ratio
4 BR0.84
4 BR
0.84ratio
FMR$1,724
Market$2,060
vs market-$336
FMR is below market; voucher rent may lag private rents.
90% standard$1,552 / 0.75 ratio110% standard$1,896 / 0.92 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 61799 (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.
61799 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 61799 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,302 and the 4 bedroom fair market rent is $1,724.
Use this page for searches like 61799 FMR, 61799 fair market rent, and 61799 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 | $927 |
| 1 bedroom | $999 |
| 2 bedroom | $1,302 |
| 3 bedroom | $1,717 |
| 4 bedroom | $1,724 |