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
$166,927
Cost breakdown
+Likely effective rent$1,540
HUD FMR$1,660
Market rentUsed$1,540
Est. payment standard (95%)$1,580
Market rent is below the inferred standard ($1,580, 95% of FMR).
-Principal and interest-$844
Loan amount$133,542
Down payment$33,385
Rate6.50%
Term30 years
-Operating costs-$496
Property taxes-$167
Insurance-$175
Utilities$0
HOA$0
Management-$154
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$24,820(74.3% ROI)
Projected value
$179,762
Current value$166,927
Return breakdown
Property appreciation+$12,835
Loan principal paid down+$4,784
Rental cash flow+$7,200
5-year hold
+$42,468(127.2% ROI)
Projected value
$188,862
Current value$166,927
Return breakdown
Property appreciation+$21,936
Loan principal paid down+$8,532
Rental cash flow+$12,000
10-year hold
+$91,084(272.8% ROI)
Projected value
$213,681
Current value$166,927
Return breakdown
Property appreciation+$46,754
Loan principal paid down+$20,330
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.
Studio1.19
Studio
1.19ratio
FMR$1,450
Market$1,220
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,305 / 1.07 ratio110% standard$1,595 / 1.31 ratio
1 BR1.13
1 BR
1.13ratio
FMR$1,510
Market$1,340
vs market+$170
FMR is above market; underwrite to market rent.
90% standard$1,359 / 1.01 ratio110% standard$1,661 / 1.24 ratio
2 BR1.08
2 BR
1.08ratio
FMR$1,660
Market$1,540
vs market+$120
FMR is near market; voucher and private rents are aligned.
90% standard$1,494 / 0.97 ratio110% standard$1,826 / 1.19 ratio
3 BR1.18
3 BR
1.18ratio
FMR$2,120
Market$1,790
vs market+$330
FMR is above market; underwrite to market rent.
90% standard$1,908 / 1.07 ratio110% standard$2,332 / 1.30 ratio
4 BR1.13
4 BR
1.13ratio
FMR$2,590
Market$2,300
vs market+$290
FMR is above market; underwrite to market rent.
90% standard$2,331 / 1.01 ratio110% standard$2,849 / 1.24 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 37131 (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.
37131 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37131 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,660 and the 4 bedroom fair market rent is $2,590.
Use this page for searches like 37131 FMR, 37131 fair market rent, and 37131 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 | $1,450 |
| 1 bedroom | $1,510 |
| 2 bedroom | $1,660 |
| 3 bedroom | $2,120 |
| 4 bedroom | $2,590 |