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
$94,113
Cost breakdown
+Likely effective rent$1,050
HUD FMR$959
Market rent$1,320
Est. payment standard (110%)Used$1,050
Estimated payment standard is $1,050 (110% of FMR).
-Principal and interest-$476
Loan amount$75,290
Down payment$18,823
Rate6.50%
Term30 years
-Operating costs-$374
Property taxes-$94
Insurance-$175
Utilities$0
HOA$0
Management-$105
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$17,134(91.0% ROI)
Projected value
$101,349
Current value$94,113
Return breakdown
Property appreciation+$7,236
Loan principal paid down+$2,697
Rental cash flow+$7,200
5-year hold
+$29,178(155.0% ROI)
Projected value
$106,480
Current value$94,113
Return breakdown
Property appreciation+$12,367
Loan principal paid down+$4,810
Rental cash flow+$12,000
10-year hold
+$61,822(328.4% ROI)
Projected value
$120,473
Current value$94,113
Return breakdown
Property appreciation+$26,360
Loan principal paid down+$11,462
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.
Studio0.71
Studio- 37382
0.71ratio
FMR$775
Market$1,090
vs market-$315
FMR is below market; voucher rent may lag private rents.
90% standard$698 / 0.64 ratio110% standard$853 / 0.78 ratio
1 BR0.68
1 BR- 37382
0.68ratio
FMR$780
Market$1,140
vs market-$360
FMR is below market; voucher rent may lag private rents.
90% standard$702 / 0.62 ratio110% standard$858 / 0.75 ratio
2 BR0.73
2 BR- 37382
0.73ratio
FMR$959
Market$1,320
vs market-$361
FMR is below market; voucher rent may lag private rents.
90% standard$863 / 0.65 ratio110% standard$1,055 / 0.80 ratio
3 BR0.73
3 BR- 37382
0.73ratio
FMR$1,281
Market$1,760
vs market-$479
FMR is below market; voucher rent may lag private rents.
90% standard$1,153 / 0.66 ratio110% standard$1,409 / 0.80 ratio
4 BR0.70
4 BR- 37382
0.70ratio
FMR$1,363
Market$1,940
vs market-$577
FMR is below market; voucher rent may lag private rents.
90% standard$1,227 / 0.63 ratio110% standard$1,499 / 0.77 ratio
0.700.800.901.001.101.201.30aligned range
Voucher rents are below market for 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 SUMMITVILLE, TN (TN) 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 FMR 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.
Related ZIPs
SUMMITVILLE, TN fair market rent and Section 8 rent limits
The FY 2026 HUD Fair Market Rent (FMR) page for SUMMITVILLE, TN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $959 and the 4 bedroom fair market rent is $1,363.
Use this page for searches like SUMMITVILLE, TN FMR, SUMMITVILLE, TN fair market rent, and SUMMITVILLE, TN 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 | $775 |
| 1 bedroom | $780 |
| 2 bedroom | $959 |
| 3 bedroom | $1,281 |
| 4 bedroom | $1,363 |