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
$168,413
Cost breakdown
+Likely effective rent$1,550
HUD FMR$1,760
Market rentUsed$1,550
Est. payment standard (92%)$1,620
Market rent is below the inferred standard ($1,620, 92% of FMR).
-Principal and interest-$852
Loan amount$134,730
Down payment$33,683
Rate6.50%
Term30 years
-Operating costs-$498
Property taxes-$168
Insurance-$175
Utilities$0
HOA$0
Management-$155
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,976(74.2% ROI)
Projected value
$181,362
Current value$168,413
Return breakdown
Property appreciation+$12,949
Loan principal paid down+$4,827
Rental cash flow+$7,200
5-year hold
+$42,739(126.9% ROI)
Projected value
$190,544
Current value$168,413
Return breakdown
Property appreciation+$22,131
Loan principal paid down+$8,608
Rental cash flow+$12,000
10-year hold
+$91,681(272.2% ROI)
Projected value
$215,583
Current value$168,413
Return breakdown
Property appreciation+$47,170
Loan principal paid down+$20,511
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.
Studio1.13
Studio- 78621
1.13ratio
FMR$1,400
Market$1,240
vs market+$160
FMR is above market; underwrite to market rent.
90% standard$1,260 / 1.02 ratio110% standard$1,540 / 1.24 ratio
1 BR1.15
1 BR- 78621
1.15ratio
FMR$1,490
Market$1,300
vs market+$190
FMR is above market; underwrite to market rent.
90% standard$1,341 / 1.03 ratio110% standard$1,639 / 1.26 ratio
2 BR1.14
2 BR- 78621
1.14ratio
FMR$1,760
Market$1,550
vs market+$210
FMR is above market; underwrite to market rent.
90% standard$1,584 / 1.02 ratio110% standard$1,936 / 1.25 ratio
3 BR1.19
3 BR- 78621
1.19ratio
FMR$2,240
Market$1,890
vs market+$350
FMR is above market; underwrite to market rent.
90% standard$2,016 / 1.07 ratio110% standard$2,464 / 1.30 ratio
4 BR1.26
4 BR- 78621
1.26ratio
FMR$2,600
Market$2,070
vs market+$530
FMR is above market; underwrite to market rent.
90% standard$2,340 / 1.13 ratio110% standard$2,860 / 1.38 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across 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 ELGIN, TX (TX) 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.
Related ZIPs
ELGIN, TX fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for ELGIN, TX shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,760 and the 4 bedroom fair market rent is $2,600.
Use this page for searches like ELGIN, TX FMR, ELGIN, TX fair market rent, and ELGIN, TX 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 | $1,400 |
| 1 bedroom | $1,490 |
| 2 bedroom | $1,760 |
| 3 bedroom | $2,240 |
| 4 bedroom | $2,600 |