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
$80,739
Cost breakdown
+Likely effective rent$960
HUD FMR$1,040
Market rentUsed$960
Est. payment standard (95%)$990
Market rent is below the inferred standard ($990, 95% of FMR).
-Principal and interest-$408
Loan amount$64,591
Down payment$16,148
Rate6.50%
Term30 years
-Operating costs-$352
Property taxes-$81
Insurance-$175
Utilities$0
HOA$0
Management-$96
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$15,722(97.4% ROI)
Projected value
$86,947
Current value$80,739
Return breakdown
Property appreciation+$6,208
Loan principal paid down+$2,314
Rental cash flow+$7,200
5-year hold
+$26,737(165.6% ROI)
Projected value
$91,349
Current value$80,739
Return breakdown
Property appreciation+$10,610
Loan principal paid down+$4,127
Rental cash flow+$12,000
10-year hold
+$56,447(349.6% ROI)
Projected value
$103,353
Current value$80,739
Return breakdown
Property appreciation+$22,614
Loan principal paid down+$9,833
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.
Studio1.06
Studio
1.06ratio
FMR$820
Market$770
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$738 / 0.96 ratio110% standard$902 / 1.17 ratio
1 BR0.98
1 BR
0.98ratio
FMR$830
Market$850
vs market-$20
FMR is near market; voucher and private rents are aligned.
90% standard$747 / 0.88 ratio110% standard$913 / 1.07 ratio
2 BR1.08
2 BR
1.08ratio
FMR$1,040
Market$960
vs market+$80
FMR is near market; voucher and private rents are aligned.
90% standard$936 / 0.97 ratio110% standard$1,144 / 1.19 ratio
3 BR1.17
3 BR
1.17ratio
FMR$1,350
Market$1,150
vs market+$200
FMR is above market; underwrite to market rent.
90% standard$1,215 / 1.06 ratio110% standard$1,485 / 1.29 ratio
4 BR1.23
4 BR
1.23ratio
FMR$1,670
Market$1,360
vs market+$310
FMR is above market; underwrite to market rent.
90% standard$1,503 / 1.11 ratio110% standard$1,837 / 1.35 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 62522 (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.
62522 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 62522 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,040 and the 4 bedroom fair market rent is $1,670.
Use this page for searches like 62522 FMR, 62522 fair market rent, and 62522 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 | $820 |
| 1 bedroom | $830 |
| 2 bedroom | $1,040 |
| 3 bedroom | $1,350 |
| 4 bedroom | $1,670 |