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
$108,973
Cost breakdown
+Likely effective rent$1,150
HUD FMR$1,050
Market rent$1,210
Est. payment standard (110%)Used$1,150
Estimated payment standard is $1,150 (110% of FMR).
-Principal and interest-$551
Loan amount$87,178
Down payment$21,795
Rate6.50%
Term30 years
-Operating costs-$399
Property taxes-$109
Insurance-$175
Utilities$0
HOA$0
Management-$115
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$18,702(85.8% ROI)
Projected value
$117,352
Current value$108,973
Return breakdown
Property appreciation+$8,379
Loan principal paid down+$3,123
Rental cash flow+$7,200
5-year hold
+$31,890(146.3% ROI)
Projected value
$123,293
Current value$108,973
Return breakdown
Property appreciation+$14,320
Loan principal paid down+$5,570
Rental cash flow+$12,000
10-year hold
+$67,794(311.1% ROI)
Projected value
$139,495
Current value$108,973
Return breakdown
Property appreciation+$30,522
Loan principal paid down+$13,272
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.
Studio1.03
Studio
1.03ratio
FMR$740
Market$720
vs market+$20
FMR is near market; voucher and private rents are aligned.
90% standard$666 / 0.92 ratio110% standard$814 / 1.13 ratio
1 BR0.85
1 BR
0.85ratio
FMR$860
Market$1,010
vs market-$150
FMR is below market; voucher rent may lag private rents.
90% standard$774 / 0.77 ratio110% standard$946 / 0.94 ratio
2 BR0.87
2 BR
0.87ratio
FMR$1,050
Market$1,210
vs market-$160
FMR is below market; voucher rent may lag private rents.
90% standard$945 / 0.78 ratio110% standard$1,155 / 0.95 ratio
3 BR0.86
3 BR
0.86ratio
FMR$1,440
Market$1,670
vs market-$230
FMR is below market; voucher rent may lag private rents.
90% standard$1,296 / 0.78 ratio110% standard$1,584 / 0.95 ratio
4 BR0.79
4 BR
0.79ratio
FMR$1,670
Market$2,120
vs market-$450
FMR is below market; voucher rent may lag private rents.
90% standard$1,503 / 0.71 ratio110% standard$1,837 / 0.87 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for smaller 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 79016 (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.
79016 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 79016 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,050 and the 4 bedroom fair market rent is $1,670.
Use this page for searches like 79016 FMR, 79016 fair market rent, and 79016 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 | $740 |
| 1 bedroom | $860 |
| 2 bedroom | $1,050 |
| 3 bedroom | $1,440 |
| 4 bedroom | $1,670 |