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
$288,779
Cost breakdown
+Likely effective rent$2,360
HUD FMR$2,280
Market rent$2,400
Est. payment standard (103%)Used$2,360
Estimated payment standard is $2,360 (103% of FMR).
-Principal and interest-$1,460
Loan amount$231,023
Down payment$57,756
Rate6.50%
Term30 years
-Operating costs-$700
Property taxes-$289
Insurance-$175
Utilities$0
HOA$0
Management-$236
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$37,681(65.2% ROI)
Projected value
$310,983
Current value$288,779
Return breakdown
Property appreciation+$22,204
Loan principal paid down+$8,277
Rental cash flow+$7,200
5-year hold
+$64,708(112.0% ROI)
Projected value
$326,726
Current value$288,779
Return breakdown
Property appreciation+$37,948
Loan principal paid down+$14,760
Rental cash flow+$12,000
10-year hold
+$140,053(242.5% ROI)
Projected value
$369,661
Current value$288,779
Return breakdown
Property appreciation+$80,882
Loan principal paid down+$35,171
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.
Studio1.38
Studio
1.38ratio
FMR$1,990
Market$1,440
vs market+$550
FMR is above market; underwrite to market rent.
90% standard$1,791 / 1.24 ratio110% standard$2,189 / 1.52 ratio
1 BR1.13
1 BR
1.13ratio
FMR$2,080
Market$1,840
vs market+$240
FMR is above market; underwrite to market rent.
90% standard$1,872 / 1.02 ratio110% standard$2,288 / 1.24 ratio
2 BR0.95
2 BR
0.95ratio
FMR$2,280
Market$2,400
vs market-$120
FMR is near market; voucher and private rents are aligned.
90% standard$2,052 / 0.85 ratio110% standard$2,508 / 1.04 ratio
3 BR0.87
3 BR
0.87ratio
FMR$2,910
Market$3,360
vs market-$450
FMR is below market; voucher rent may lag private rents.
90% standard$2,619 / 0.78 ratio110% standard$3,201 / 0.95 ratio
4 BR0.75
4 BR
0.75ratio
FMR$3,550
Market$4,740
vs market-$1,190
FMR is below market; voucher rent may lag private rents.
90% standard$3,195 / 0.67 ratio110% standard$3,905 / 0.82 ratio
0.700.800.901.001.101.201.30aligned range
Voucher alignment varies significantly by bedroom size in this area.
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 37204 (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.
37204 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37204 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,280 and the 4 bedroom fair market rent is $3,550.
Use this page for searches like 37204 FMR, 37204 fair market rent, and 37204 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 | $1,990 |
| 1 bedroom | $2,080 |
| 2 bedroom | $2,280 |
| 3 bedroom | $2,910 |
| 4 bedroom | $3,550 |