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
$160,983
Cost breakdown
+Likely effective rent$1,500
HUD FMR$1,360
Market rent$1,890
Est. payment standard (110%)Used$1,500
Estimated payment standard is $1,500 (110% of FMR).
-Principal and interest-$814
Loan amount$128,786
Down payment$32,197
Rate6.50%
Term30 years
-Operating costs-$486
Property taxes-$161
Insurance-$175
Utilities$0
HOA$0
Management-$150
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,192(75.1% ROI)
Projected value
$173,361
Current value$160,983
Return breakdown
Property appreciation+$12,378
Loan principal paid down+$4,614
Rental cash flow+$7,200
5-year hold
+$41,383(128.5% ROI)
Projected value
$182,137
Current value$160,983
Return breakdown
Property appreciation+$21,154
Loan principal paid down+$8,228
Rental cash flow+$12,000
10-year hold
+$88,695(275.5% ROI)
Projected value
$206,072
Current value$160,983
Return breakdown
Property appreciation+$45,089
Loan principal paid down+$19,606
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.
Studio0.65
Studio
0.65ratio
FMR$1,140
Market$1,760
vs market-$620
FMR is below market; voucher rent may lag private rents.
90% standard$1,026 / 0.58 ratio110% standard$1,254 / 0.71 ratio
1 BR0.62
1 BR
0.62ratio
FMR$1,150
Market$1,860
vs market-$710
FMR is below market; voucher rent may lag private rents.
90% standard$1,035 / 0.56 ratio110% standard$1,265 / 0.68 ratio
2 BR0.72
2 BR
0.72ratio
FMR$1,360
Market$1,890
vs market-$530
FMR is below market; voucher rent may lag private rents.
90% standard$1,224 / 0.65 ratio110% standard$1,496 / 0.79 ratio
3 BR0.88
3 BR
0.88ratio
FMR$1,740
Market$1,980
vs market-$240
FMR is below market; voucher rent may lag private rents.
90% standard$1,566 / 0.79 ratio110% standard$1,914 / 0.97 ratio
4 BR0.83
4 BR
0.83ratio
FMR$1,800
Market$2,170
vs market-$370
FMR is below market; voucher rent may lag private rents.
90% standard$1,620 / 0.75 ratio110% standard$1,980 / 0.91 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for all bedroom 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 61853 (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.
61853 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 61853 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,360 and the 4 bedroom fair market rent is $1,800.
Use this page for searches like 61853 FMR, 61853 fair market rent, and 61853 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 | $1,140 |
| 1 bedroom | $1,150 |
| 2 bedroom | $1,360 |
| 3 bedroom | $1,740 |
| 4 bedroom | $1,800 |