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
$192,189
Cost breakdown
+Likely effective rent$1,710
HUD FMR$1,550
Market rent$1,900
Est. payment standard (110%)Used$1,710
Estimated payment standard is $1,710 (110% of FMR).
-Principal and interest-$972
Loan amount$153,751
Down payment$38,438
Rate6.50%
Term30 years
-Operating costs-$538
Property taxes-$192
Insurance-$175
Utilities$0
HOA$0
Management-$171
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$27,486(71.5% ROI)
Projected value
$206,966
Current value$192,189
Return breakdown
Property appreciation+$14,778
Loan principal paid down+$5,509
Rental cash flow+$7,200
5-year hold
+$47,078(122.5% ROI)
Projected value
$217,444
Current value$192,189
Return breakdown
Property appreciation+$25,255
Loan principal paid down+$9,823
Rental cash flow+$12,000
10-year hold
+$101,236(263.4% ROI)
Projected value
$246,018
Current value$192,189
Return breakdown
Property appreciation+$53,829
Loan principal paid down+$23,407
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.
Studio1.07
Studio
1.07ratio
FMR$1,280
Market$1,200
vs market+$80
FMR is near market; voucher and private rents are aligned.
90% standard$1,152 / 0.96 ratio110% standard$1,408 / 1.17 ratio
1 BR0.88
1 BR
0.88ratio
FMR$1,330
Market$1,520
vs market-$190
FMR is below market; voucher rent may lag private rents.
90% standard$1,197 / 0.79 ratio110% standard$1,463 / 0.96 ratio
2 BR0.82
2 BR
0.82ratio
FMR$1,550
Market$1,900
vs market-$350
FMR is below market; voucher rent may lag private rents.
90% standard$1,395 / 0.73 ratio110% standard$1,705 / 0.90 ratio
3 BR0.87
3 BR
0.87ratio
FMR$2,050
Market$2,360
vs market-$310
FMR is below market; voucher rent may lag private rents.
90% standard$1,845 / 0.78 ratio110% standard$2,255 / 0.96 ratio
4 BR0.91
4 BR
0.91ratio
FMR$2,530
Market$2,790
vs market-$260
FMR is near market; voucher and private rents are aligned.
90% standard$2,277 / 0.82 ratio110% standard$2,783 / 1.00 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 76040 (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.
76040 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 76040 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,550 and the 4 bedroom fair market rent is $2,530.
Use this page for searches like 76040 FMR, 76040 fair market rent, and 76040 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 | $1,280 |
| 1 bedroom | $1,330 |
| 2 bedroom | $1,550 |
| 3 bedroom | $2,050 |
| 4 bedroom | $2,530 |