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
$120,861
Cost breakdown
+Likely effective rent$1,230
HUD FMR$1,470
Market rentUsed$1,230
Est. payment standard (90%)$1,320
Market rent is below the inferred standard ($1,320, 90% of FMR).
-Principal and interest-$611
Loan amount$96,689
Down payment$24,172
Rate6.50%
Term30 years
-Operating costs-$419
Property taxes-$121
Insurance-$175
Utilities$0
HOA$0
Management-$123
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$19,957(82.6% ROI)
Projected value
$130,154
Current value$120,861
Return breakdown
Property appreciation+$9,293
Loan principal paid down+$3,464
Rental cash flow+$7,200
5-year hold
+$34,060(140.9% ROI)
Projected value
$136,743
Current value$120,861
Return breakdown
Property appreciation+$15,882
Loan principal paid down+$6,177
Rental cash flow+$12,000
10-year hold
+$72,571(300.2% ROI)
Projected value
$154,712
Current value$120,861
Return breakdown
Property appreciation+$33,851
Loan principal paid down+$14,720
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.
Studio1.21
Studio
1.21ratio
FMR$1,110
Market$920
vs market+$190
FMR is above market; underwrite to market rent.
90% standard$999 / 1.09 ratio110% standard$1,221 / 1.33 ratio
1 BR1.22
1 BR
1.22ratio
FMR$1,210
Market$990
vs market+$220
FMR is above market; underwrite to market rent.
90% standard$1,089 / 1.10 ratio110% standard$1,331 / 1.34 ratio
2 BR1.20
2 BR
1.20ratio
FMR$1,470
Market$1,230
vs market+$240
FMR is above market; underwrite to market rent.
90% standard$1,323 / 1.08 ratio110% standard$1,617 / 1.31 ratio
3 BR1.10
3 BR
1.10ratio
FMR$1,890
Market$1,720
vs market+$170
FMR is near market; voucher and private rents are aligned.
90% standard$1,701 / 0.99 ratio110% standard$2,079 / 1.21 ratio
4 BR1.20
4 BR
1.20ratio
FMR$2,200
Market$1,840
vs market+$360
FMR is above market; underwrite to market rent.
90% standard$1,980 / 1.08 ratio110% standard$2,420 / 1.32 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 78243 (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.
78243 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78243 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,470 and the 4 bedroom fair market rent is $2,200.
Use this page for searches like 78243 FMR, 78243 fair market rent, and 78243 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 | $1,110 |
| 1 bedroom | $1,210 |
| 2 bedroom | $1,470 |
| 3 bedroom | $1,890 |
| 4 bedroom | $2,200 |