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
$137,207
Cost breakdown
+Likely effective rent$1,340
HUD FMR$1,380
Market rentUsed$1,340
Est. payment standard (98%)$1,350
Market rent is below the inferred standard ($1,350, 98% of FMR).
-Principal and interest-$694
Loan amount$109,766
Down payment$27,441
Rate6.50%
Term30 years
-Operating costs-$446
Property taxes-$137
Insurance-$175
Utilities$0
HOA$0
Management-$134
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$21,683(79.0% ROI)
Projected value
$147,757
Current value$137,207
Return breakdown
Property appreciation+$10,550
Loan principal paid down+$3,933
Rental cash flow+$7,200
5-year hold
+$37,043(135.0% ROI)
Projected value
$155,237
Current value$137,207
Return breakdown
Property appreciation+$18,030
Loan principal paid down+$7,013
Rental cash flow+$12,000
10-year hold
+$79,140(288.4% ROI)
Projected value
$175,637
Current value$137,207
Return breakdown
Property appreciation+$38,430
Loan principal paid down+$16,711
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.
Studio1.09
Studio
1.09ratio
FMR$1,120
Market$1,030
vs market+$90
FMR is near market; voucher and private rents are aligned.
90% standard$1,008 / 0.98 ratio110% standard$1,232 / 1.20 ratio
1 BR1.05
1 BR
1.05ratio
FMR$1,120
Market$1,070
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,008 / 0.94 ratio110% standard$1,232 / 1.15 ratio
2 BR1.03
2 BR
1.03ratio
FMR$1,380
Market$1,340
vs market+$40
FMR is near market; voucher and private rents are aligned.
90% standard$1,242 / 0.93 ratio110% standard$1,518 / 1.13 ratio
3 BR1.12
3 BR
1.12ratio
FMR$1,920
Market$1,710
vs market+$210
FMR is above market; underwrite to market rent.
90% standard$1,728 / 1.01 ratio110% standard$2,112 / 1.24 ratio
4 BR1.20
4 BR
1.20ratio
FMR$2,320
Market$1,930
vs market+$390
FMR is above market; underwrite to market rent.
90% standard$2,088 / 1.08 ratio110% standard$2,552 / 1.32 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 37040 (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.
37040 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37040 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,380 and the 4 bedroom fair market rent is $2,320.
Use this page for searches like 37040 FMR, 37040 fair market rent, and 37040 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 | $1,120 |
| 1 bedroom | $1,120 |
| 2 bedroom | $1,380 |
| 3 bedroom | $1,920 |
| 4 bedroom | $2,320 |