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
$122,347
Cost breakdown
+Likely effective rent$1,240
HUD FMR$1,210
Market rent$1,250
Est. payment standard (102%)Used$1,240
Estimated payment standard is $1,240 (102% of FMR).
-Principal and interest-$619
Loan amount$97,878
Down payment$24,469
Rate6.50%
Term30 years
-Operating costs-$421
Property taxes-$122
Insurance-$175
Utilities$0
HOA$0
Management-$124
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$20,114(82.2% ROI)
Projected value
$131,754
Current value$122,347
Return breakdown
Property appreciation+$9,407
Loan principal paid down+$3,507
Rental cash flow+$7,200
5-year hold
+$34,331(140.3% ROI)
Projected value
$138,424
Current value$122,347
Return breakdown
Property appreciation+$16,077
Loan principal paid down+$6,253
Rental cash flow+$12,000
10-year hold
+$73,168(299.0% ROI)
Projected value
$156,615
Current value$122,347
Return breakdown
Property appreciation+$34,268
Loan principal paid down+$14,901
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$830
Market$900
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$747 / 0.83 ratio110% standard$913 / 1.01 ratio
1 BR1.03
1 BR
1.03ratio
FMR$980
Market$950
vs market+$30
FMR is near market; voucher and private rents are aligned.
90% standard$882 / 0.93 ratio110% standard$1,078 / 1.13 ratio
2 BR0.97
2 BR
0.97ratio
FMR$1,210
Market$1,250
vs market-$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,089 / 0.87 ratio110% standard$1,331 / 1.06 ratio
3 BR1.11
3 BR
1.11ratio
FMR$1,620
Market$1,460
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,458 / 1.00 ratio110% standard$1,782 / 1.22 ratio
4 BR0.97
4 BR
0.97ratio
FMR$1,690
Market$1,750
vs market-$60
FMR is near market; voucher and private rents are aligned.
90% standard$1,521 / 0.87 ratio110% standard$1,859 / 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 62781 (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.
62781 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 62781 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,210 and the 4 bedroom fair market rent is $1,690.
Use this page for searches like 62781 FMR, 62781 fair market rent, and 62781 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 | $830 |
| 1 bedroom | $980 |
| 2 bedroom | $1,210 |
| 3 bedroom | $1,620 |
| 4 bedroom | $1,690 |