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
$49,533
Cost breakdown
+Likely effective rent$750
HUD FMR$1,760
Market rentUsed$750
Est. payment standard (90%)$1,580
Market rent is below the inferred standard ($1,580, 90% of FMR).
-Principal and interest-$250
Loan amount$39,627
Down payment$9,907
Rate6.50%
Term30 years
-Operating costs-$300
Property taxes-$50
Insurance-$175
Utilities$0
HOA$0
Management-$75
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$12,428(125.5% ROI)
Projected value
$53,342
Current value$49,533
Return breakdown
Property appreciation+$3,809
Loan principal paid down+$1,420
Rental cash flow+$7,200
5-year hold
+$21,041(212.4% ROI)
Projected value
$56,042
Current value$49,533
Return breakdown
Property appreciation+$6,509
Loan principal paid down+$2,532
Rental cash flow+$12,000
10-year hold
+$43,906(443.2% ROI)
Projected value
$63,407
Current value$49,533
Return breakdown
Property appreciation+$13,873
Loan principal paid down+$6,033
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.
Studio1.82
Studio
1.82ratio
FMR$1,400
Market$770
vs market+$630
FMR is above market; underwrite to market rent.
1 BR1.73
1 BR
1.73ratio
FMR$1,490
Market$860
vs market+$630
FMR is above market; underwrite to market rent.
2 BR2.35
2 BR
2.35ratio
FMR$1,760
Market$750
vs market+$1,010
FMR is above market; underwrite to market rent.
3 BR1.14
3 BR
1.14ratio
FMR$2,240
Market$1,960
vs market+$280
FMR is above market; underwrite to market rent.
90% standard$2,016 / 1.03 ratio110% standard$2,464 / 1.26 ratio
4 BR1.11
4 BR
1.11ratio
FMR$2,600
Market$2,340
vs market+$260
FMR is above market; underwrite to market rent.
90% standard$2,340 / 1.00 ratio110% standard$2,860 / 1.22 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 78642 (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.
78642 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78642 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,760 and the 4 bedroom fair market rent is $2,600.
Use this page for searches like 78642 FMR, 78642 fair market rent, and 78642 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 | $1,400 |
| 1 bedroom | $1,490 |
| 2 bedroom | $1,760 |
| 3 bedroom | $2,240 |
| 4 bedroom | $2,600 |