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
$202,591
Cost breakdown
+Likely effective rent$1,780
HUD FMR$1,910
Market rentUsed$1,780
Est. payment standard (96%)$1,830
Market rent is below the inferred standard ($1,830, 96% of FMR).
-Principal and interest-$1,024
Loan amount$162,073
Down payment$40,518
Rate6.50%
Term30 years
-Operating costs-$556
Property taxes-$203
Insurance-$175
Utilities$0
HOA$0
Management-$178
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$28,584(70.5% ROI)
Projected value
$218,168
Current value$202,591
Return breakdown
Property appreciation+$15,577
Loan principal paid down+$5,807
Rental cash flow+$7,200
5-year hold
+$48,977(120.9% ROI)
Projected value
$229,213
Current value$202,591
Return breakdown
Property appreciation+$26,622
Loan principal paid down+$10,355
Rental cash flow+$12,000
10-year hold
+$105,416(260.2% ROI)
Projected value
$259,333
Current value$202,591
Return breakdown
Property appreciation+$56,743
Loan principal paid down+$24,674
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.
Studio1.23
Studio
1.23ratio
FMR$1,520
Market$1,240
vs market+$280
FMR is above market; underwrite to market rent.
90% standard$1,368 / 1.10 ratio110% standard$1,672 / 1.35 ratio
1 BR1.36
1 BR
1.36ratio
FMR$1,610
Market$1,180
vs market+$430
FMR is above market; underwrite to market rent.
90% standard$1,449 / 1.23 ratio110% standard$1,771 / 1.50 ratio
2 BR1.07
2 BR
1.07ratio
FMR$1,910
Market$1,780
vs market+$130
FMR is near market; voucher and private rents are aligned.
90% standard$1,719 / 0.97 ratio110% standard$2,101 / 1.18 ratio
3 BR1.26
3 BR
1.26ratio
FMR$2,420
Market$1,920
vs market+$500
FMR is above market; underwrite to market rent.
90% standard$2,178 / 1.13 ratio110% standard$2,662 / 1.39 ratio
4 BR1.28
4 BR
1.28ratio
FMR$2,850
Market$2,220
vs market+$630
FMR is above market; underwrite to market rent.
90% standard$2,565 / 1.16 ratio110% standard$3,135 / 1.41 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 78646 (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.
78646 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78646 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,910 and the 4 bedroom fair market rent is $2,850.
Use this page for searches like 78646 FMR, 78646 fair market rent, and 78646 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 | $1,520 |
| 1 bedroom | $1,610 |
| 2 bedroom | $1,910 |
| 3 bedroom | $2,420 |
| 4 bedroom | $2,850 |