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
$227,853
Cost breakdown
+Likely effective rent$1,950
HUD FMR$1,770
Market rent$2,580
Est. payment standard (110%)Used$1,950
Estimated payment standard is $1,950 (110% of FMR).
-Principal and interest-$1,152
Loan amount$182,282
Down payment$45,571
Rate6.50%
Term30 years
-Operating costs-$598
Property taxes-$228
Insurance-$175
Utilities$0
HOA$0
Management-$195
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$31,250(68.6% ROI)
Projected value
$245,372
Current value$227,853
Return breakdown
Property appreciation+$17,520
Loan principal paid down+$6,531
Rental cash flow+$7,200
5-year hold
+$53,588(117.6% ROI)
Projected value
$257,794
Current value$227,853
Return breakdown
Property appreciation+$29,942
Loan principal paid down+$11,646
Rental cash flow+$12,000
10-year hold
+$115,568(253.6% ROI)
Projected value
$291,671
Current value$227,853
Return breakdown
Property appreciation+$63,818
Loan principal paid down+$27,750
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.
Studio0.94
Studio
0.94ratio
FMR$1,540
Market$1,630
vs market-$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,386 / 0.85 ratio110% standard$1,694 / 1.04 ratio
1 BR0.83
1 BR
0.83ratio
FMR$1,610
Market$1,930
vs market-$320
FMR is below market; voucher rent may lag private rents.
90% standard$1,449 / 0.75 ratio110% standard$1,771 / 0.92 ratio
2 BR0.69
2 BR
0.69ratio
FMR$1,770
Market$2,580
vs market-$810
FMR is below market; voucher rent may lag private rents.
90% standard$1,593 / 0.62 ratio110% standard$1,947 / 0.75 ratio
3 BR0.75
3 BR
0.75ratio
FMR$2,260
Market$3,020
vs market-$760
FMR is below market; voucher rent may lag private rents.
90% standard$2,034 / 0.67 ratio110% standard$2,486 / 0.82 ratio
4 BR0.66
4 BR
0.66ratio
FMR$2,760
Market$4,180
vs market-$1,420
FMR is below market; voucher rent may lag private rents.
90% standard$2,484 / 0.59 ratio110% standard$3,036 / 0.73 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 37024 (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 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.
37024 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37024 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,770 and the 4 bedroom fair market rent is $2,760.
Use this page for searches like 37024 FMR, 37024 fair market rent, and 37024 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 | $1,540 |
| 1 bedroom | $1,610 |
| 2 bedroom | $1,770 |
| 3 bedroom | $2,260 |
| 4 bedroom | $2,760 |