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
$120,861
Cost breakdown
+Likely effective rent$1,230
HUD FMR$1,203
Market rent$1,250
Est. payment standard (103%)Used$1,230
Estimated payment standard is $1,230 (103% of FMR).
-Principal and interest-$611
Loan amount$96,689
Down payment$24,172
Rate6.50%
Term30 years
-Operating costs-$419
Property taxes-$121
Insurance-$175
Utilities$0
HOA$0
Management-$123
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,957(82.6% ROI)
Projected value
$130,154
Current value$120,861
Return breakdown
Property appreciation+$9,293
Loan principal paid down+$3,464
Rental cash flow+$7,200
5-year hold
+$34,060(140.9% ROI)
Projected value
$136,743
Current value$120,861
Return breakdown
Property appreciation+$15,882
Loan principal paid down+$6,177
Rental cash flow+$12,000
10-year hold
+$72,571(300.2% ROI)
Projected value
$154,712
Current value$120,861
Return breakdown
Property appreciation+$33,851
Loan principal paid down+$14,720
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.
Studio0.92
Studio
0.92ratio
FMR$829
Market$900
vs market-$71
FMR is near market; voucher and private rents are aligned.
90% standard$746 / 0.83 ratio110% standard$912 / 1.01 ratio
1 BR1.02
1 BR
1.02ratio
FMR$970
Market$950
vs market+$20
FMR is near market; voucher and private rents are aligned.
90% standard$873 / 0.92 ratio110% standard$1,067 / 1.12 ratio
2 BR0.96
2 BR
0.96ratio
FMR$1,203
Market$1,250
vs market-$47
FMR is near market; voucher and private rents are aligned.
90% standard$1,083 / 0.87 ratio110% standard$1,323 / 1.06 ratio
3 BR1.10
3 BR
1.10ratio
FMR$1,611
Market$1,460
vs market+$151
FMR is above market; underwrite to market rent.
90% standard$1,450 / 0.99 ratio110% standard$1,772 / 1.21 ratio
4 BR0.96
4 BR
0.96ratio
FMR$1,682
Market$1,750
vs market-$68
FMR is near market; voucher and private rents are aligned.
90% standard$1,514 / 0.87 ratio110% standard$1,850 / 1.06 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 62763 (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.
62763 fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for 62763 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,203 and the 4 bedroom fair market rent is $1,682.
Use this page for searches like 62763 FMR, 62763 fair market rent, and 62763 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 | $829 |
| 1 bedroom | $970 |
| 2 bedroom | $1,203 |
| 3 bedroom | $1,611 |
| 4 bedroom | $1,682 |