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
$235,283
Cost breakdown
+Likely effective rent$2,000
HUD FMR$1,970
Market rent$2,020
Est. payment standard (102%)Used$2,000
Estimated payment standard is $2,000 (102% of FMR).
-Principal and interest-$1,190
Loan amount$188,226
Down payment$47,057
Rate6.50%
Term30 years
-Operating costs-$610
Property taxes-$235
Insurance-$175
Utilities$0
HOA$0
Management-$200
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$32,035(68.1% ROI)
Projected value
$253,374
Current value$235,283
Return breakdown
Property appreciation+$18,091
Loan principal paid down+$6,744
Rental cash flow+$7,200
5-year hold
+$54,944(116.8% ROI)
Projected value
$266,201
Current value$235,283
Return breakdown
Property appreciation+$30,918
Loan principal paid down+$12,026
Rental cash flow+$12,000
10-year hold
+$118,554(251.9% ROI)
Projected value
$301,182
Current value$235,283
Return breakdown
Property appreciation+$65,899
Loan principal paid down+$28,655
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.
Studio1.26
Studio
1.26ratio
FMR$1,490
Market$1,180
vs market+$310
FMR is above market; underwrite to market rent.
90% standard$1,341 / 1.14 ratio110% standard$1,639 / 1.39 ratio
1 BR0.92
1 BR
0.92ratio
FMR$1,630
Market$1,780
vs market-$150
FMR is near market; voucher and private rents are aligned.
90% standard$1,467 / 0.82 ratio110% standard$1,793 / 1.01 ratio
2 BR0.98
2 BR
0.98ratio
FMR$1,970
Market$2,020
vs market-$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,773 / 0.88 ratio110% standard$2,167 / 1.07 ratio
3 BR0.97
3 BR
0.97ratio
FMR$2,530
Market$2,600
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$2,277 / 0.88 ratio110% standard$2,783 / 1.07 ratio
4 BR1.00
4 BR
1.00ratio
FMR$2,950
Market$2,940
vs market+$10
FMR is near market; voucher and private rents are aligned.
90% standard$2,655 / 0.90 ratio110% standard$3,245 / 1.10 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 78215 (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.
78215 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78215 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,970 and the 4 bedroom fair market rent is $2,950.
Use this page for searches like 78215 FMR, 78215 fair market rent, and 78215 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 | $1,490 |
| 1 bedroom | $1,630 |
| 2 bedroom | $1,970 |
| 3 bedroom | $2,530 |
| 4 bedroom | $2,950 |