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
$210,021
Cost breakdown
+Likely effective rent$1,830
HUD FMR$2,200
Market rentUsed$1,830
Est. payment standard (90%)$1,980
Market rent is below the inferred standard ($1,980, 90% of FMR).
-Principal and interest-$1,062
Loan amount$168,017
Down payment$42,004
Rate6.50%
Term30 years
-Operating costs-$568
Property taxes-$210
Insurance-$175
Utilities$0
HOA$0
Management-$183
=Target cash flow+$200
Calculation mode
Hold period projections
Annual appreciation rate
3-year hold
+$29,368(69.9% ROI)
Projected value
$226,169
Current value$210,021
Return breakdown
Property appreciation+$16,149
Loan principal paid down+$6,020
Rental cash flow+$7,200
5-year hold
+$50,333(119.8% ROI)
Projected value
$237,619
Current value$210,021
Return breakdown
Property appreciation+$27,598
Loan principal paid down+$10,735
Rental cash flow+$12,000
10-year hold
+$108,402(258.1% ROI)
Projected value
$268,844
Current value$210,021
Return breakdown
Property appreciation+$58,824
Loan principal paid down+$25,579
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.
Studio1.45
Studio
1.45ratio
FMR$1,920
Market$1,320
vs market+$600
FMR is above market; underwrite to market rent.
90% standard$1,728 / 1.31 ratio110% standard$2,112 / 1.60 ratio
1 BR1.46
1 BR
1.46ratio
FMR$2,010
Market$1,380
vs market+$630
FMR is above market; underwrite to market rent.
90% standard$1,809 / 1.31 ratio110% standard$2,211 / 1.60 ratio
2 BR1.20
2 BR
1.20ratio
FMR$2,200
Market$1,830
vs market+$370
FMR is above market; underwrite to market rent.
90% standard$1,980 / 1.08 ratio110% standard$2,420 / 1.32 ratio
3 BR1.14
3 BR
1.14ratio
FMR$2,810
Market$2,470
vs market+$340
FMR is above market; underwrite to market rent.
90% standard$2,529 / 1.02 ratio110% standard$3,091 / 1.25 ratio
4 BR1.11
4 BR
1.11ratio
FMR$3,430
Market$3,080
vs market+$350
FMR is above market; underwrite to market rent.
90% standard$3,087 / 1.00 ratio110% standard$3,773 / 1.23 ratio
0.700.800.901.001.101.201.30aligned range
HUD benchmarks exceed market rents across all bedroom 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 37221 (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.
37221 fair market rent and Section 8 rent limits
The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37221 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,200 and the 4 bedroom fair market rent is $3,430.
Use this page for searches like 37221 FMR, 37221 fair market rent, and 37221 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 | $1,920 |
| 1 bedroom | $2,010 |
| 2 bedroom | $2,200 |
| 3 bedroom | $2,810 |
| 4 bedroom | $3,430 |