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
$281,349
Cost breakdown
+Likely effective rent$2,310
HUD FMR$2,100
Market rent$3,270
Est. payment standard (110%)Used$2,310
Estimated payment standard is $2,310 (110% of FMR).
-Principal and interest-$1,423
Loan amount$225,079
Down payment$56,270
Rate6.50%
Term30 years
-Operating costs-$687
Property taxes-$281
Insurance-$175
Utilities$0
HOA$0
Management-$231
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$36,897(65.6% ROI)
Projected value
$302,982
Current value$281,349
Return breakdown
Property appreciation+$21,633
Loan principal paid down+$8,064
Rental cash flow+$7,200
5-year hold
+$63,352(112.6% ROI)
Projected value
$318,320
Current value$281,349
Return breakdown
Property appreciation+$36,972
Loan principal paid down+$14,380
Rental cash flow+$12,000
10-year hold
+$137,067(243.6% ROI)
Projected value
$360,150
Current value$281,349
Return breakdown
Property appreciation+$78,801
Loan principal paid down+$34,266
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.
Studio1.35
Studio
1.35ratio
FMR$1,670
Market$1,240
vs market+$430
FMR is above market; underwrite to market rent.
90% standard$1,503 / 1.21 ratio110% standard$1,837 / 1.48 ratio
1 BR0.70
1 BR
0.70ratio
FMR$1,770
Market$2,520
vs market-$750
FMR is below market; voucher rent may lag private rents.
90% standard$1,593 / 0.63 ratio110% standard$1,947 / 0.77 ratio
2 BR0.64
2 BR
0.64ratio
FMR$2,100
Market$3,270
vs market-$1,170
FMR is below market; voucher rent may lag private rents.
90% standard$1,890 / 0.58 ratio110% standard$2,310 / 0.71 ratio
3 BR0.68
3 BR
0.68ratio
FMR$2,660
Market$3,930
vs market-$1,270
FMR is below market; voucher rent may lag private rents.
90% standard$2,394 / 0.61 ratio110% standard$2,926 / 0.74 ratio
4 BR0.44
4 BR
0.44ratio
FMR$3,130
Market$7,170
vs market-$4,040
FMR is below market; voucher rent may lag private rents.
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 78704 (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.
78704 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 78704 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,100 and the 4 bedroom fair market rent is $3,130.
Use this page for searches like 78704 FMR, 78704 fair market rent, and 78704 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 | $1,670 |
| 1 bedroom | $1,770 |
| 2 bedroom | $2,100 |
| 3 bedroom | $2,660 |
| 4 bedroom | $3,130 |