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
$220,423
Cost breakdown
+Likely effective rent$1,900
HUD FMR$1,950
Market rentUsed$1,900
Est. payment standard (98%)$1,920
Market rent is below the inferred standard ($1,920, 98% of FMR).
-Principal and interest-$1,115
Loan amount$176,338
Down payment$44,085
Rate6.50%
Term30 years
-Operating costs-$585
Property taxes-$220
Insurance-$175
Utilities$0
HOA$0
Management-$190
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$30,466(69.1% ROI)
Projected value
$237,371
Current value$220,423
Return breakdown
Property appreciation+$16,948
Loan principal paid down+$6,318
Rental cash flow+$7,200
5-year hold
+$52,232(118.5% ROI)
Projected value
$249,388
Current value$220,423
Return breakdown
Property appreciation+$28,965
Loan principal paid down+$11,266
Rental cash flow+$12,000
10-year hold
+$112,583(255.4% ROI)
Projected value
$282,160
Current value$220,423
Return breakdown
Property appreciation+$61,737
Loan principal paid down+$26,846
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.
Studio1.16
Studio
1.16ratio
FMR$1,700
Market$1,470
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,530 / 1.04 ratio110% standard$1,870 / 1.27 ratio
1 BR1.15
1 BR
1.15ratio
FMR$1,780
Market$1,550
vs market+$230
FMR is above market; underwrite to market rent.
90% standard$1,602 / 1.03 ratio110% standard$1,958 / 1.26 ratio
2 BR1.03
2 BR
1.03ratio
FMR$1,950
Market$1,900
vs market+$50
FMR is near market; voucher and private rents are aligned.
90% standard$1,755 / 0.92 ratio110% standard$2,145 / 1.13 ratio
3 BR0.97
3 BR
0.97ratio
FMR$2,490
Market$2,560
vs market-$70
FMR is near market; voucher and private rents are aligned.
90% standard$2,241 / 0.88 ratio110% standard$2,739 / 1.07 ratio
4 BR0.88
4 BR
0.88ratio
FMR$3,040
Market$3,440
vs market-$400
FMR is below market; voucher rent may lag private rents.
90% standard$2,736 / 0.80 ratio110% standard$3,344 / 0.97 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 37209 (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.
37209 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37209 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,950 and the 4 bedroom fair market rent is $3,040.
Use this page for searches like 37209 FMR, 37209 fair market rent, and 37209 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 | $1,700 |
| 1 bedroom | $1,780 |
| 2 bedroom | $1,950 |
| 3 bedroom | $2,490 |
| 4 bedroom | $3,040 |