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
$147,609
Cost breakdown
+Likely effective rent$1,410
HUD FMR$1,330
Market rent$1,450
Est. payment standard (106%)Used$1,410
Estimated payment standard is $1,410 (106% of FMR).
-Principal and interest-$746
Loan amount$118,087
Down payment$29,522
Rate6.50%
Term30 years
-Operating costs-$464
Property taxes-$148
Insurance-$175
Utilities$0
HOA$0
Management-$141
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$22,781(77.2% ROI)
Projected value
$158,959
Current value$147,609
Return breakdown
Property appreciation+$11,350
Loan principal paid down+$4,231
Rental cash flow+$7,200
5-year hold
+$38,942(131.9% ROI)
Projected value
$167,006
Current value$147,609
Return breakdown
Property appreciation+$19,397
Loan principal paid down+$7,545
Rental cash flow+$12,000
10-year hold
+$83,320(282.2% ROI)
Projected value
$188,952
Current value$147,609
Return breakdown
Property appreciation+$41,343
Loan principal paid down+$17,977
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.
Studio0.80
Studio
0.80ratio
FMR$1,000
Market$1,250
vs market-$250
FMR is below market; voucher rent may lag private rents.
90% standard$900 / 0.72 ratio110% standard$1,100 / 0.88 ratio
1 BR0.87
1 BR
0.87ratio
FMR$1,100
Market$1,270
vs market-$170
FMR is below market; voucher rent may lag private rents.
90% standard$990 / 0.78 ratio110% standard$1,210 / 0.95 ratio
2 BR0.92
2 BR
0.92ratio
FMR$1,330
Market$1,450
vs market-$120
FMR is near market; voucher and private rents are aligned.
90% standard$1,197 / 0.83 ratio110% standard$1,463 / 1.01 ratio
3 BR1.03
3 BR
1.03ratio
FMR$1,710
Market$1,660
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,539 / 0.93 ratio110% standard$1,881 / 1.13 ratio
4 BR1.09
4 BR
1.09ratio
FMR$1,990
Market$1,830
vs market+$160
FMR is near market; voucher and private rents are aligned.
90% standard$1,791 / 0.98 ratio110% standard$2,189 / 1.20 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 78002 (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.
78002 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78002 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,330 and the 4 bedroom fair market rent is $1,990.
Use this page for searches like 78002 FMR, 78002 fair market rent, and 78002 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 | $1,000 |
| 1 bedroom | $1,100 |
| 2 bedroom | $1,330 |
| 3 bedroom | $1,710 |
| 4 bedroom | $1,990 |