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
$141,665
Cost breakdown
+Likely effective rent$1,370
HUD FMR$1,780
Market rentUsed$1,370
Est. payment standard (90%)$1,600
Market rent is below the inferred standard ($1,600, 90% of FMR).
-Principal and interest-$716
Loan amount$113,332
Down payment$28,333
Rate6.50%
Term30 years
-Operating costs-$454
Property taxes-$142
Insurance-$175
Utilities$0
HOA$0
Management-$137
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$22,153(78.2% ROI)
Projected value
$152,558
Current value$141,665
Return breakdown
Property appreciation+$10,893
Loan principal paid down+$4,060
Rental cash flow+$7,200
5-year hold
+$37,857(133.6% ROI)
Projected value
$160,281
Current value$141,665
Return breakdown
Property appreciation+$18,616
Loan principal paid down+$7,241
Rental cash flow+$12,000
10-year hold
+$80,932(285.6% ROI)
Projected value
$181,343
Current value$141,665
Return breakdown
Property appreciation+$39,678
Loan principal paid down+$17,254
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$1,340
Market$1,110
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,206 / 1.09 ratio110% standard$1,474 / 1.33 ratio
1 BR1.32
1 BR
1.32ratio
FMR$1,460
Market$1,110
vs market+$350
FMR is above market; underwrite to market rent.
90% standard$1,314 / 1.18 ratio110% standard$1,606 / 1.45 ratio
2 BR1.30
2 BR
1.30ratio
FMR$1,780
Market$1,370
vs market+$410
FMR is above market; underwrite to market rent.
90% standard$1,602 / 1.17 ratio110% standard$1,958 / 1.43 ratio
3 BR1.28
3 BR
1.28ratio
FMR$2,340
Market$1,830
vs market+$510
FMR is above market; underwrite to market rent.
90% standard$2,106 / 1.15 ratio110% standard$2,574 / 1.41 ratio
4 BR1.30
4 BR
1.30ratio
FMR$2,680
Market$2,060
vs market+$620
FMR is above market; underwrite to market rent.
90% standard$2,412 / 1.17 ratio110% standard$2,948 / 1.43 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 78406 (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.
78406 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78406 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,780 and the 4 bedroom fair market rent is $2,680.
Use this page for searches like 78406 FMR, 78406 fair market rent, and 78406 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 | $1,340 |
| 1 bedroom | $1,460 |
| 2 bedroom | $1,780 |
| 3 bedroom | $2,340 |
| 4 bedroom | $2,680 |